Auditing theories mcq - Study guides, Class notes & Summaries

Auditing theories mcq - Contains different problem set and solution manual needed for the subject. Accounting 1 1. The primary responsibility for establishing and maintaining an internal control rests with a. The external auditors b. The internal auditors c. Management and those charged with governance d. The controller or the treasurer 2. The fundamental purpose of an internal control is to a. Safeguard the resources of the organization b. Provide reasonable assurance that the object...