ICAEW ARF · Chapter 4 · Question 2 of 12
Which of the following forms part of the control environment?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) The attitude of those charged with governance towards internal control
Explanation
The control environment includes the governance and management functions and their attitudes, awareness and actions concerning internal control, including commitment to integrity and ethical values. Bank reconciliations, passwords and sequential numbering are specific control activities that operate within that environment.
More Internal control systems and IT controls MCQs
- Q4Which of the following combinations of duties shows the most serious lack of segregation of duties?
- Q5Which of the following is an IT general control?
- Q6A computerised sales system performs a sequence check on sales invoice numbers. What is the main purpose of this control?
- Q7Two cheque signatories, each required to approve every payment, agree together to sign payments to a fictitious supplier they have set up…
- Q8Which of the following is a test of control?