Question: PLEASE NO NEED FOR EXPLANATIONS ONLY NEED THE ANSWER . Can you please answer this question quickly? Question 1 (0.25 points) Manual controls: a) can
PLEASE NO NEED FOR EXPLANATIONS ONLY NEED THE ANSWER. Can you please answer this question quickly?


Question 1 (0.25 points) Manual controls: a) can be classified as program change controls or logical access controls. b) generally rely on the client's IT applications in some way. c) support the ongoing functioning of the programmed aspects of prevent and detect controls. d) do not rely on the client's IT environment for their operation. Question 2 (0.25 points) An audit strategy will include increased reliance on tests of controls when: a) inherent risk and control risk are low. b) the auditor believes there is a high risk that their client's internal controls will not prevent or detect material misstatements. c) there is a high susceptibility of assertions to material misstatements. d) inherent risk and control are high. Question 3 (0.25 points) All of the following are components of internal control, except for: a) the information system. b) audit committees. c) risk assessment process. d) the control environment. Question 4 (0.25 points) By assessing control risk as high, an auditor has determined that the client's system of internal controls: a) is very effective at preventing or detecting material misstatements. b) is very strong. c) will eliminate the possibility of material fraud or error. d) is unlikely to be effective in mitigating inherent risks identified
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