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Author Question: Internal controls arenotdesigned to provide reasonable assurance that (Read 92 times)

ncasson210

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Question 1

Describe each of the three broad objectives management typically has for internal control. With which of these objectives is the auditor primarily concerned?

Question 2

Internal controls are not designed to provide reasonable assurance that
◦ all frauds will be detected.
◦ transactions are executed in accordance with management's authorization.
◦ the company's resources are used efficiently and effectively.
◦ company personnel comply with applicable rules and regulations.


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Marked as best answer by ncasson210 on Aug 21, 2022

dianagarcia

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ncasson210

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Reply 2 on: Aug 21, 2022
Excellent


ricroger

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Reply 3 on: Yesterday
:D TYSM

 

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