Question: Based on PCAOB standards for an internal control audit, which of the following is least likely to indicate a significant deficiency relating to a client's

Based on PCAOB standards for an internal control audit, which of the following is least likely to indicate a significant deficiency relating to a client's antifraud programs?

  • Senior management delegates to lower levels responsibility for oversight of antifraud programs.
  • Lack of audit committee interaction with the internal audit department.
  • No program for anonymous submissions of alleged fraud.
  • Audit committee's active engagement in discussions on the topic of fraud.

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