Which of the following is not a valid comparison of internal controls performed in the audit of ICFR (integrated audit) and those performed in the audit of financial statements (financial audit)? In both the audit of ICFR and the audit of financial statements, the auditor is required to communicate in writing to the audit committee all material weakness and significant deficiencies. itor uses the same type of audit procedures to test controls in both the audit of ICFR and the audit of financial statements If the auditor fails to obtain a written representation from management in both the ICFR and the audit of financial there i udit al statements, then there is a limitation on the scope of the a d. Th e objective of tests of controls in an audit of ICFR is to obtain evidence about the udit of financi effectiveness of controls whereas the objective of tests of controls in an a statements is to obtain evidence when control risk is assessed at less than i 00% control a Which of the following would not be considered a failure in the operation of internal ign] es per the definition of "a control deficiency" in AU 265? [Hint: Think of operation versus d a. Inadequate procedures for safeguarding assets. b. Misapplication of control procedures. d. Failure to perform part of the internal control Which of the following is a valid comparison between tests of controls (TOC) performed in an Evidence of manipulation, falsification, or alteration of accounting records 6. audit of internal control over financial reporting (ICFR) (integrated audit) and those performed in an audit of financial statements (financial audit)? a. Both the audit of ICFR and audit of financial statements obtain evidence about the effectiveness of controls for all relevant assertions of all significant accounts and disclosures that have their control risk (CR) assessed at less than the maximum of 100%. b. Types of audit procedure use to test controls in an audit of ICFR are different from those us to test controls in an audit of financial statements c. In an audit of ICFR, the auditor communicates in writing to management all control deficiencies, regardless of severity, whereas in an audit of financial statements, the auditor communicates in writing to management of insignificant control deficiencies. d. Both the audit of ICFR and audit of financial statements test the effectiveness of controls ove the entire financial year