Internal Controls

Front

Internal controls are processes designed to provide reasonable assurance regarding the achievement of which objective?

Back

All of the above

Front

Management has a legal and professional responsibility to be sure that financial statements are prepared in accordance with reporting requirements of applicable accounting frameworks.

Back

TRUE

Front

Who is the Quality Assurance Senior Manager of our organization?

Back

Kristi

Front

Who is our Quality Assurance Technical & Administrative Manager of our organization?

Back

Ridgely

Front

Which of the following types of audit have we NOT been subject to: Federal/State, Liberty Bank & Trust, Workman's Compensation?

Back

Constant Contact

Front

What is one software that is NOT used for internal control purposes? GivePulse, Microsoft Planner, Network for Good, Adobe, Netchex

Back

Adobe

Front

Which firm conducts our internal audit?

Back

EisnerAmper LLP

Front

Do we have to pay them to conduct the audit?

Back

TRUE

Front

Key practices of internal control include: Segregation of duties, Proper authorization, Reconciliation and review, Adequate documentation

Back

All of the above

Front

Which of the following is NOT an example of a physical control of assets: Securing cash, Restricted access areas, Locked doors?

Back

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