Question: 1. Internal control is a process effected by an entity's board of directors, management, and other personnel that is designed to provide reasonable assurance regarding

1. Internal control is a process effected by an entity's board of directors, management, and other personnel that is designed to provide reasonable assurance regarding the achievement of objectives.(True/False)

2. What are the two main objectives for conducting preliminary analytical procedures?

3. List the two types of audit tests.

4. List three factors that affect an organization's control environment.

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