Question
an audit report contains the following observations: a) A service department's location is not well adequate service to other units. b) Employees hired for sensitive
an audit report contains the following observations: a) A service department's location is not well adequate service to other units. b) Employees hired for sensitive positions are not subjected to background cheks. c)Managers do not have access to reports that profile overall performance in relation to other benchmarked organizations. d)Management has not taken corrective action to resolve past engagement observations related to inventory controls. Which two of these observations are most likely to indicate the existence of control weak nesses over safeguarding of assets? Why?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started