$1$points

Item $9$

Internal controls are designed to provide reasonable assurance that:

Multiple Choice

management's plans have not been circumvented by worker collusion.

material errors or fraud would be prevented or detected and corrected within a timely period by employees in the course of performing their assigned duties.

the internal auditing department's guidance and oversight of management's performance is accomplished effectively and efficiently.

management's planning, organizing, and directing processes are properly evaluated.

Multiple Choice

Decrease the sample size of the confirmations.

Change the timing of the confirmation process to an interim date.

Change the nature of substantive tests to more efficient procedures, such as using negative rather than positive confirmations.

Increase the sample size of the confirmations.