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11. Which of the following is a preventive control? a. Comparing goods to be shipped with packing list and sales order copy. b. Performing bank

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11. Which of the following is a preventive control? a. Comparing goods to be shipped with packing list and sales order copy. b. Performing bank account reconciliation. c. Performing physical inventory count to determine correctness of inventory records. d. Comparing the accounts receivable subsidiary ledger to the accounts receivable general ledger control account. 12. To obtain an understanding of the physical relationships among organizational departments, manual activities, computer programs, and the accounting records used in a sales order processing system, it would be best to review which of the following documentation? a. Data flow diagram b. System flowchart c. Program flowchart d. Entity relationship diagram 13. Which of the following is not an element of the control environment? a. Management philosophy and operating style b. Structure of the organization c. Procedures for delegating responsibility and authority d. Risk assessment and monitoring 14. The COSO internal control framework consists of which of the following five components a. control environment, risk assessment, preventive controls, detective controls, corrective controls b. control environment, transaction authorization, segregation of duties, accounting records, audit trail c. control environment, risk assessment, information and communication, monitoring, control activities d. control environment, segregation of duties, information and communication, supervision, control activities 15. Which of the following is not an example of independent verification? a. Comparing inventory on hand to the inventory accounting records b. Preparation of remittance list by mail room clerks c. Reconciling the accounts payable subsidiary ledger to the general ledger control account d. Performing a bank account reconciliation, including review of cash activities

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