Which of the following is NOT a control activity?
A) financial reporting
B) independent checks of performance
C) documentation procedures
D) physical and IT controls

Question

Quizplus · Accepted Answer

Control activities are actions taken to minimize risk and ensure that objectives are met, including independent checks, documentation procedures, and physical/IT controls. Financial reporting, however, is an output of the accounting process rather than a control activity designed to ensure accuracy or prevent fraud.

Which of the Following Is NOT a Control Activity