Which one of the following statements about the internal control questionnaire is NOT correct?
A) The primary advantage of the questionnaire approach is the relative completeness of coverage of each audit area that a good instrument affords.
B) The primary disadvantage of the questionnaire approach is that individual parts of the system are examined without providing an overall view.
C) It is unacceptable for the auditor to rely on an internal control questionnaire that has been filled out by client's personnel.
D) The questionnaire can cover each audit area reasonably quickly, and it can be accomplished at the beginning of the audit engagement.

Question

Quizplus · Accepted Answer

It is acceptable for the auditor to use an internal control questionnaire that has been filled out by client's personnel, but the auditor must still perform some level of testing to verify the accuracy and completeness of the responses. This is because the client's personnel may not have the same level of understanding of internal controls or may not provide complete or accurate information.

Which One of the Following Statements About the Internal Control