Internal Audit and Cost Manager Question:

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Explain audit control procedure?

Internal Cost & Audit Manager Interview Question
Internal Cost & Audit Manager Interview Question

Answer:

Audit control procedures are policies and procedures in addition to control environment, (altitude,awareness and actions of directors and management regarding the internal control system) which the management has established to achieve the entity specific objectives.the mix of type of controls implemented by the management will depend on the control objectives and the size of the entity.

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