Internal control in small entities (a) Is always stronger because the owner manager can supervise every activity (b) Is likely to be less formal than in a larger entity (c) Does not have the risk of management override (d) Always results in an auditor placing a greater emphasis on testing internal ...

Internal control in small entities: (a) Is always stronger because the owner-manager can supervise every activity. (b)

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Internal control in small entities:

(a) Is always stronger because the owner-manager can supervise every activity.

(b) Is likely to be less formal than in a larger entity.

(d) Always results in an auditor placing a greater emphasis on testing internal controls.

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Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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Question Posted: Apr 05, 2019 11:55 AM

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Internal control in small entities: (a) Is always stronger because the owner-manager can supervise every activity. (b)

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Auditing A Practical Approach

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