Benny Pecarve is planning to visit an airline company to review the collective assessment of the client's control environment, risk assessment process, information system, control activitiand monitoring of controls. What dothis mandate describe?
A) entity level controls
B) transaction-level controls
C) both a and b
D) none of the above

Question

Quizplus · Accepted Answer

The mandate mentions reviewing the overall control environment, risk assessment process, information system, and monitoring of controls, which are all elements of entity level controls. Transaction-level controls are more focused on specific processes and procedures for individual transactions.

Benny Pecarve Is Planning to Visit an Airline Company to Review