Operating effectiveness of controls


Question 1. Auditors must decide, based on cost considerations, whether to test the design effectiveness or operating effectiveness of controls.

Question 2. Inquiry alone provides sufficient evidence to support the operating effectiveness of a control.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Operating effectiveness of controls
Reference No:- TGS01910911

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)