Which of the following is a valid method for monitoring internal control?
A) Conducted as a separate project by IT auditors and supervisory personnel.
B) Conducted on an ongoing basis by flagging items that should be investigated.
C) Conducted as a separate project by IT auditors and supervisory personnel or conducted on an ongoing basis by flagging items that should be investigated.
D) None of these is a valid method for monitoring internal control.

Question

Quizplus · Accepted Answer

Both methods mentioned, conducting as a separate project and conducting on an ongoing basis, are valid ways to monitor internal control. Therefore, option C is the correct answer as it includes both options. Option A is incorrect because it only includes one of the valid methods, and option B is incorrect because it does not mention conducting a separate project. Option D is incorrect as it states that there is no valid method for monitoring internal control, which is not true.

Which of the Following Is a Valid Method for Monitoring