3.11 - DOCUMENTATION OF I/C STRUCTURE Flashcards
3.11 - DOCUMENTATION OF I/C STRUCTURE
An advantage of using systems flowcharts
to document information about internal control instead of using internal control questionnaires is that systems flowcharts
A) Indicate whether control procedures are operating effectively.
B) Reduce the need to observe clients’ employees performing routine tasks.
C) Identify internal control weaknesses more prominently.
D) Provide a visual depiction of clients’ activities
D) Provide a visual depiction of clients’ activities
A flowchart is a visual depiction of the client’s operating cycles from beginning to end, showing document distribution, the interactions between departments, and who is responsible for each function.
A flowchart presents a greater amount of information about internal controls more efficiently than a questionnaire
