Auditors realize that at times corrective action is not taken even when agreed to by the appropriate parties. This should lead an internal auditor to : A: Decide the extent of necessary followup work. B: Allow management to decide when to follow-up, since it is management's ultimate responsibility. C: Decide to conduct follow-up work only if management requests the auditor's assistance. D: Write a follow-up audit report with all findings and their significance to the operations.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Auditors realize that at times corrective action is not taken even when agreed to by the appropriate parties. This should lead an internal ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
As a proponent of the free market, Adam Smith viewed the main factors of production as labor, land, capital and entrepreneurship. True or False?
Answers (1)
Level curves are used when solving lp models using the graphical method. to what part of the model do level curves relate
Answers (1)
Sloimekia is able to produce more of a particular variety of cloth than its neighboring countries. Sloimekia and its neighboring countries have the same amount of resources for producing this particular cloth.
Answers (1)
Sweet, Inc. issued a $140,000, 4-year, 12% note at face value to Flint Hills Bank on January 1, 2017, and received $140,000 cash. The note requires annual interest payments each December 31. Required: Prepare Coldwell's journal entry record: a.
Answers (1)
One possible solution to a diminishing Social Security payroll is to increase the Social Security tax by 1.89%. How would such an increase effect the tax on an annual salary of $54,000?
Answers (1)
New Questions in Business
Suppose you have a choice of working full-time during the summer or attending summer school full-time. Summer tuition and books are $3,000. If you worked, you could make $5,000. Your rent is $1,000 for summer, regardless of your choice.
Answers (1)
Which phrase defines complementary goods
Answers (1)
If a company's current assets increase, what might we assume about their inventory levels? a) It increasedb) It decreasedc) It stayed the samed) We don't have enough information to decide
Answers (1)
What is the effect of import restrictions on prices? a. they cause prices to drop. b. they cause prices to rise. c. they often cause prices to rise steeply and then drop. d. they usually do not have any lasting effect on price?
Answers (1)
Joan is a manufacturing engineer who works on a new product development team along with members from design, engineering, production, purchasing, finance, marketing, and quality assurance.
Answers (2)