Which one of the following statements is NOT true about the-00157
Which one of the following statements is NOT true about the internal control system of a company?
This multiple choice question (MCQ) is related to the book/course vu acc311 Fundamentals of Auditing. It can also be found in vu acc311 Mid Term - Quiz No.4.
Which one of the following statements is NOT true about the internal control system of a company?
Internal control is affected by people working in an organization
Internal control is a process of bringing accuracy and improvements in the systems
Internal control system is expected to provide absolute assurance about the performance of a company
Internal control is geared to achieve objectives of financial reporting, compliance and operations