Week 5 - Evaluate the Reliability of Controls

Question 1

Why do we evaluate the effectiveness of controls?

Answer 1

To prevent, detect and correct errors, omissions and irregularities

Question 2

If we find controls are not working as they should, we should consider 1)

Answer 2

Weakness - why is it a weakness

Question 3

If we find controls are not working as they should, we should consider 2)

Answer 3

Consequence - what could happen

Question 4

If we find controls are not working as they should, we should consider 3)

Answer 4

Recommendations - practical/realistic