The sequence of steps in the auditor’s consideration of internal control is as follows –

Related MCQs

• The first auditors appointed by head office ____________.
• The first auditor or auditors are appointed by :
• Auditors of a joint stock company are appointed by :
• The panel of Auditors of cooperative society is maintained by –
• Internal controls and internal check are :
• An internal auditor discovered that fictitious purchases have been recorded by the purchase clerk. This indicates absence of which control?
• Which of the following is not an inherent limitation of internal control system?
• The overall attitude and awareness of an entity’s board of directors concerning the importance of internal control is reflected in
• A flow chart, made by the auditor, of an entity’s internal control system is a graphic representation that depicts the auditor’s.
• Shares issued for consideration other than cash should be vouched with help of –