Which of the following is not a control that the PCAOB has identified that auditors should consider in evaluating whether or not an organization has sufficiently addressed fraud risk?

a. Controls over significant, unusual transaction.
b. Controls over related-party transactions.
c. Controls related to marketable securities.
d. Controls related to significant management estimates.

c

Business

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Assume Company A receives a proposal from Company B to be a joint venture partner abroad. Company A is most likely to make its decision based on ________

A) an opportunity-risk matrix B) a go/no-go basis C) a global matrix comparison D) an oligopolistic reaction

Business

If you are working part time while going to school and have no dependents other than yourself, do not itemize deductions and have no capital asset transactions, which Federal Income Tax return form should you file?

A) 1040EZ B) 1120 C) 1040X D) Since you are part time and make just a few thousand dollars, you do not need to file an income tax return.

Business