25. In a large public corporation, evaluating internal control procedures should be responsibility of:

Multiple Choice

a.Accounting management staff who report to the CFO.

b. Operations management staff who report to the chief operation officer.

c. Security management staff who report to the chief facilities officer.

d. Internal audit staff who report to the board of directors.

28.

Management philosophy and operating style would have a relatively less significant influence on a firm's control environment when:

Multiple Choice

• Accurate management job descriptions delineate specific duties.

• The audit committee does not have regular meetings.

• Management is dominated by one individual.

• The internal auditor reports directly to the controller.