Administrative control in an internal auditing department includes: a. Preparation of audit programs. b. Proper supervision of

Question:

Administrative control in an internal auditing department includes:

a. Preparation of audit programs.

b. Proper supervision of assistants.

c. Maintenance of audit time records.

d. Explanation of significant audit budget variances.

e. All of the above.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

The Practice Of Modern Internal Auditing

ISBN: 9780894130922

2nd Edition

Authors: Lawrence B Sawyer

See More Books

Question Posted: May 12, 2024 07:01 AM

See More Questions

The main Role of Leaders in Crisis Management is to ........................... A. Communicates externally to containment the crisis impact B. make the organization as one unit C. take action towards...
Consider the matrix of size, A2x2 Where T = Tr(A) and A - (a) Show that for a matrix of size 2 2, the characteristic polynomial is always: P(A) = A-TA+A c d = det(A). (b) Under what conditions of 7...
The American Missionary Association (AMA) and the American Colonization Society (ACS) were two organizations with differing views on the issue of slavery and the treatment of African Americans in the...
You have recently been hired as a consultant for a personal financial planning firm. One of your first projects is creating a retirement plan for a couple, Tom and Helena Keeley. They have just...
A rigid vessel, titled to one-half its volume with liquid nitrogen at its normal boiling point, is allowed to warm to 25(C. What pressure is developed'.' The molar volume of liquid nitrogen at its...
What are snRNPs? What is their role in the processing of eukaryotic mRNAs?
YIELD TO MATURITY AND FUTURE PRICE A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985. a. What is its yield to maturity (YTM)? b. Assume that the yield to...
Wendy Ellis operates a wholesale computer center and has hired you as her bookkeeper to record the following transactions. She would like you to (1) journalize the following transactions, (2) record...
The following is the balance sheet of Korver Supply Company at December 31, 2020 (prior year). KORVER SUPPLY COMPANY Balance Sheet At December 31, 2020 Assets Cash Accounts receivable Inventory...
Organization charts of the activity being audited are useful to the internal auditor because they: a. Depict informal lines of communication. b. Provide good internal control. c. Ensure a proper...
Which of the following is the most important internal control procedure for acquisitions of property, plant, and equipment? a. Establishing a written company policy to distinguish between capital and...
What is the percent-of-sales forecasting method?
(2-4)2 <4 Let F (z) = e +4 4
If f ( x ) = - 6 x ^ 2 sin ( 3 x ) + 4 x cos ( 3 x ) what if f ' ( x ) ?
What is deformation?
What is a switched capacitor circuit?How do we design a switched capacitor circuit?
What is meant by wavelet fault diagnosis of an induction motor?
What are the two methods for accounting for bad debts? Describe each method briefly. Discuss which method of handling bad debts is considered more in accordance with GAAP.
Periwinkle Company is a multinational organization. Its Parts Division is located in Lavender Land, while its Assembly Division is located in North Orchid. During the current year Periwinkle Companys...
8N please highligjt answer Profits have been decreasing for several years at Pegasus Airlines. In an effort to improve the company's performance, the company is thinking about dropping several...
On January 1, 20X1, Toy inc. Issued $500,000 of convertible bonds. The bonds mature on December 31, 20X5, Interest is payable annually at 6.0% on December 31. The bonds are convertible at the...
Exercise 18-11 (Algo) Balance sheet identification and preparation LO P1 End-of-year current assets for two different companies follow. One is a manufacturer, Rayzer Skis Manufacturing, and the...

Administrative control in an internal auditing department includes: a. Preparation of audit programs. b. Proper supervision of

Question:

Step by Step Answer:

Administrative control in an internal auditing department includes e All of the above Explanation Pr...View the full answer

The Practice Of Modern Internal Auditing

Students also viewed these Business questions