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Which of the following are considered control environment factors?

       Personnel Policies and Practices              Detection Risk

 

 

               A.Yes                                              Yes

                B.Yes                                              No

              C.No                                                Yes

               D.No                                                No

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Question added by Deleted user
Date Posted: 2015/02/25
BENNY MANGAN DEVASSY
by BENNY MANGAN DEVASSY , SENIOR INTERNAL AUDITOR , MEZZAN HOLDING

Answer is B. Personnel policies and procedures are part control envirnment but not detection risk.

Imran Ali
by Imran Ali , Senior Manager Internal Audit , Adamjee Insurance Company Limited

B) Personal policies and practices are considered as component of the control environment but not the detection risk which is risk that the audit procedure fail to detect material misstatement so the later fall into the auditor procedure only.

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