Why is it important to obtain an understanding of the internal control system? A. Weak internal controls
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Why is it important to obtain an understanding of the internal control system?
A. Weak internal controls may increase the risk of material misstatement.
B. To determine the level of inherent risk.
C. Because strong internal controls indicate management integrity.
D. The auditor must always carry out tests 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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