The auditor, in recommending controls, should always consider the cost of the control in relation to the

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The auditor, in recommending controls, should always consider the cost of the control in relation to the risk. Which of the following controls best reflects this philosophy with respect to a large dollar investment in heavy machine tools?

a. A monthly physical inventory.

b. Security guards on duty 24 hours a day.

c. A controlled identification number on each tool.

d. All dispositions approved by the vice president of sales.

e. None of the above.

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The Practice Of Modern Internal Auditing

ISBN: 9780894130922

2nd Edition

Authors: Lawrence B Sawyer

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Question Posted: May 12, 2024 07:01 AM

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The auditor, in recommending controls, should always consider the cost of the control in relation to the

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The Practice Of Modern Internal Auditing

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