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option a and b are incorrect X Your answer is incorrect. Candy and Steve are working on the audit of Peagram Enterprises, LLC, a distributor
option a and b are incorrect
X Your answer is incorrect. Candy and Steve are working on the audit of Peagram Enterprises, LLC, a distributor of frozen foods throughout the continental United States, and are attempting to assess the firm's level of segregation of duties. Which of the following represents a possible procedure they could perform to document this for the audit? The auditors should compile questionnaires to be distributed to all employees, requesting they attest to how well duties are segregated. The auditors should request written assurances from senior management which can be documented and added to the audit file. The auditors should document their understanding of the client's structure, and then prepare a flowchart as confirmation of segregation of duties. The auditors could opt to use an observation procedure, whereby they observe selected employees performing their duties Step by Step Solution
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