Mod 40 Wrong Answers Flashcards
1
Q
2 major types of internal auditing services
A
1 assurance
2 consulting
2
Q
Monitoring controls are not…
A
Not a type of control activity component under COSO
3
Q
Control monitoring is not…
A
A control environment factor
4
Q
Control activities, define
A
Routine controls over business processes and transactions
5
Q
There is no requirement to have a compensation expert on…
A
The compensation committee
