Assessing the design effectiveness of the internal control system involves:
A) determining if the controls are appropriate.
B) determining if the controls operate as designed.
C) determining who is responsible for internal control.
D) All of the above.

Question

Quizplus · Accepted Answer

Determining if the controls are appropriate is a key aspect of assessing the design effectiveness of the internal control system. It involves evaluating whether the controls in place are suitable for their intended purpose in mitigating risks.

Assessing the Design Effectiveness of the Internal Control System Involves