What is the purpose of the preliminary assessment of control risk? A. To obtain a reasonable expectation
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What is the purpose of the preliminary assessment of control risk?
A. To obtain a reasonable expectation of controls so as to decide on an appropriate audit strategy.
B. To determine the extent to which internal controls have been implemented.
C. To obtain the necessary information for developing the flowchart.
D. To provide management with an opinion on the effectiveness of controls.
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Related Book For
Modern Auditing And Assurance Services
ISBN: 9781118615249
6th Edition
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
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