40. Which of the following control activities should be taken to reduce the risk of incorrect processing in a newly installed computerized accounting system?
41. Recognizing potential impediments to communication between system user and system designer can be useful in 42. A senior executive of an international organization who wishes to demonstrate the importance of the security of company information to all team members should
43. In which of the following organizations might segregation of duties be easiest to achieve?
44. A manufacturing firm noted that it would have difficulty sourcing raw materials locally, so it decided to relocate its production facilities. According to COSO, this decision represents which of the following responses to the risk?
45. Which of the following is most useful when risk is being prioritized?
46. According to COSO, the two primary attributes of effective evaluators are
47. Which of the following are reasons that internal controls need to be monitored?
48. Which of the following is the best definition of a compensating control?
49. Within the COSO Internal Control-Integrated Framework, which of the following components is designed to ensure that internal controls continue to operate effectively?
50. According to COSO, an effective approach to monitoring internal control involves each of the following steps, except
51. According to COSO, the use of ongoing and separate evaluations to identify and address changes in internal control effectiveness can best be accomplished in which of the following stages of the monitoring-for-change continuum? 52. Internal control monitoring is considered 53. Which of the following is not a major step in the COSO model of control monitoring? 54. In a large public corporation, evaluating internal control procedures should be the responsibility of 55. The system of internal control begins with