The overall attitude and awareness of an entity’s board of directors concerning the importance of internal control is reflected in

Related MCQs

• The board of directors shall appoint first auditor of a company
• 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?
• The sequence of steps in the auditor’s consideration of internal control is as follows –
• Which of the following is not an inherent limitation of internal control system?
• A flow chart, made by the auditor, of an entity’s internal control system is a graphic representation that depicts the auditor’s.
• An auditor should study and evaluate internal controls to
• Internal audit is undertaken
• The scope of internal audit is decided by the :
• Internal check is carried on by