Which of the following controls can minimize the threat of inaccurate financial statements? Backup and disaster recovery procedures. Training and experience in applying GAAP. Regularly review general ledger reports. Restriction of access to general ledger.
Which of the following controls can minimize the threat of inaccurate financial statements? Backup and disaster recovery procedures. Training and experience in applying GAAP. Regularly review general ledger reports. Restriction of access to general ledger.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
Section: Chapter Questions
Problem 14RQSC
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