Question: Question 17 1 points SAVE ANSWER You are the auditor for an international organisation. As an auditor, you need to understand your clients internal control

Question 17 1 points SAVE ANSWER You are the auditor for an international organisation. As an auditor, you need to understand your clients internal control environment and be able to apply a level of professional skepticism. Which of the following statements about internal environment is false? Supervision is especially important in organisations that cannot afford elaborate responsibility reporting or are too small to have adequate separation of duties. Management's attitudes toward internal control and ethical behaviour have only minimal impact on employee beliefs or actions. O A written policy and procedures manual is an important tool for assigning authority and responsibility. An overly complex or unclear organisational structure may be indicative of more serious problems
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
