1. The auditor performs this to determine that controls are implemented.

Flowchart

Inquiry of management

Walkthrough

Tests of controls

2. Indicate which of the five COSO internal control components is best represented by the internal control described below:

All employees must annually complete a certification that they have complied with the requirements in the companys code of conduct.

Control environment

Risk assessment

Control activities

Information and communication

Monitoring

3. Indicate which of the five COSO internal control components is best represented by the internal control described below:

The controller reviews each bank reconciliation after it has been prepared.

Group of answer choices

Control environment

Risk assessment

Control activities

Information and communication

Monitoring