Which of the following is NOT an objective of management in designing internal control systems?
A) reducing control risk
B) compliance with applicable laws and regulations
C) efficient and effective use of resources
D) reliable financial reporting
Correct Answer:
Verified
Q13: The primary emphasis of auditors is on
Q14: The control environment consists of the actions,
Q15: A well-designed system of management risk assessment
Q16: The documents of a client company must
Q17: Management typically has the following three concerns,
Q19: The study of the client's internal control
Q20: The financial statements are NOT likely to
Q21: Which one of the following is NOT
Q22: Management's integrity and ethical values include:
A) management's
Q23: Authorisations can be either general or specific.Which
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