Ensuring that all material transactions processed by the information system are valid and in accordance with management’s objectives is an example ofa. transaction authorization. b. supervision. c. accounting records. d. independent verification.
Ensuring that all material transactions processed by the information system are valid and in accordance with management’s objectives is an example ofa. transaction authorization. b. supervision. c. accounting records. d. independent verification.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 12TFQ
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Ensuring that all material transactions processed by the information system are valid and in accordance with management’s objectives is an example of
a. transaction authorization.
b. supervision.
c. accounting records.
d. independent verification.
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