When testing a control activity’s operating effectiveness, procedures the auditor performs totest operating effectiveness would likely includea. Inquiry of appropriate personnel.b. Reading over the company’s code of conduct.c. Reperformance of the control activity.d. Both a and c are correct.
When testing a control activity’s operating effectiveness, procedures the auditor performs totest operating effectiveness would likely includea. Inquiry of appropriate personnel.b. Reading over the company’s code of conduct.c. Reperformance of the control activity.d. Both a and c are correct.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
When testing a control activity’s operating effectiveness, procedures the auditor performs to
test operating effectiveness would likely include
a. Inquiry of appropriate personnel.
b. Reading over the company’s code of conduct.
c. Reperformance of the control activity.
d. Both a and c are correct.
Expert Solution
Step 1
The answer is provided as follows:
Step 2
When testing a control activity’s operating effectiveness, procedures the auditor performs to test operating effectiveness would likely include inquiring about the appropriate personnel, reading the code of conduct of the company, and performance of the control activity.
Therefore, all the given options are correct.
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