19. Which of the following is the best way to compensate for inadequate segregation of duties? a. Direct involvement of owners in key functions. b. Maintaining sound recruiting schemes. c. Giving chronological numbers for all source documents. d. Preparing budgets and performance reports.

19. Which of the following is the best way to compensate for inadequate segregation of duties? a. Direct involvement of owners in key functions. b. Maintaining sound recruiting schemes. c. Giving chronological numbers for all source documents. d. Preparing budgets and performance reports.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor

Section: Chapter Questions

Problem 30CYBK

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Question

19. Which of the following is the best way to compensate for inadequate segregation of duties?
a. Direct involvement of owners in key functions.
b. Maintaining sound recruiting schemes.
c. Giving chronological numbers for all source documents.
d. Preparing budgets and performance reports.
20. The view that refers to the location where data are physically stored is:
a. The logical view of data.
b. The physical view of data.
c. Conceptual view of data.
d. Internal view of data.

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