1)What term describes the methods of treating accounting transactions?

Accounting information system Chart of accounts Manual of accounting policies Written narrative

2)Which internal control document allows the auditors to trace transactions through each process in its cycle?

Flowchart Internal control questionnaire Walk-through Written narrative

3)Regarding internal control in a technological environment, which group designs the information system?

Database administration Data control Systems analysis Telecommunications

4)Who is responsible for holding the company president accountable for the internal control environment?

Audit committee Board of directors Chief financial officer External auditors