An audit of management's quality program includes testing the accuracy of the cost-of-quality reports provided to management. Which of the following internal control objectives is the focus of this testing?
An audit of management's quality program includes testing the accuracy of the cost-of-quality reports provided to management. Which of the following internal control objectives is the focus of this testing?
Testing the accuracy of cost-of-quality reports provided to management focuses on ensuring the reliability and integrity of information. It is essential that the information contained in such reports is accurate and trustworthy so that management can make informed decisions based on dependable data.
Answer A about compliance, B about operational objectives and D about efficiency. Only C about reporting
Some one help me clarify, how is reliability and integrity a test of accuracy?
Standard 2130.A1 – The internal audit activity must evaluate the adequacy and effectiveness of controls in responding to risks within the organization’s governance, operations, and information systems regarding the: ... Reliability and integrity of financial and operational information.