hard20 pts · first answer countsaudit-planning

Weak control environment and control reliance

The control environment is poor: management overrides rules and ignores audit points. What does this mean for planning to rely on transaction controls?

A.No effect, since transaction controls are tested separately anywayB.Control reliance becomes easier because rules are documentedC.Only interim testing is needed, with no year-end proceduresD.It undermines other controls: less reliance, more substantive work

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Weak control environment and control reliance

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