When dealing with the documentation of internal control,
A) in a narrative, most questions simply require a "yes" or "no" response.
B) questionnaires offer useful checklists to remind the auditor of the many different types of internal controls that should exist.
C) questionnaires and flowcharts should not be used together.
D) flowcharts fail to show the segregation of duties in the company.

Question

Quizplus · Accepted Answer

Questionnaires provide checklists that can help auditors ensure all relevant internal controls are considered and documented. Narratives may require more detailed responses than simple "yes" or "no" answers, and flowcharts can show the segregation of duties within a company when properly constructed. While questionnaires and flowcharts can be used together, it is important to ensure they are consistent and not redundant.

When Dealing with the Documentation of Internal Control