An auditor would most likely be concerned with internal controls that provide reasonable assurance about the:

Question

Quizplus · Accepted Answer

Choice "D" is correct. An auditor would most likely be concerned with internal controls that provide reasonable assurance about the entity's ability to process and summarize financial data. Choice "A" is incorrect. The auditor is primarily concerned with the fair presentation of the financial statements, and would not particularly care about the efficiency of management's decision-making process. Choice "B" is incorrect. The auditor is primarily concerned with the fair presentation of the financial statements. Pricing decisions made by management would not be of much concern, as long as the related transactions were appropriately valued and recorded. Choice "C" is incorrect. The auditor is primarily concerned with the fair presentation of the financial statements. How the client assigns tasks to its employees generally is of little concern to the auditor.

An Auditor Would Most Likely Be Concerned with Internal Controls