Which of the following would be least likely to suggest to an auditor that the client's management may have overridden the internal control?
A)Differences are always disclosed on a computer exception report.
B)Management does not correct internal control deficiencies that it knows about.
C)There have been two new financial controllers this year.
D)There are numerous delays in preparing timely internal financial reports.

Question

Quizplus · Accepted Answer

Differences always being disclosed on a computer exception report suggests that the system is identifying and reporting discrepancies as expected, which is a sign of functioning internal controls rather than an indication of management overriding those controls.

Which of the Following Would Be Least Likely to Suggest