İşletmeye Giriş Deneme Sınavı Sorusu #1222631

Which of the following is not one of the steps involved in the implementation of internal controls?


Identification of possible internal and external threats

Identification of internal processes

Identification of process gaps using control assessment tools

Implementing internal controls to fill gaps with strong control processes

Testing the controls with periodical implementations


Yanıt Açıklaması:

To fight against fraud and corruption, companies can establish internal control systems. Typically, implementation of internal controls involve the following steps:22
• Identification of possible internal and external threats,
• Identification of internal processes,
• Identification of process gaps using control assessment tools,
• Implementing internal controls to fill gaps with strong control processes,
• Testing the controls with an early warning system.

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