alleryStart learning →Automating manual controls can help a business in which way?
ASave costs and speed processing
BRemove need for objectives
CEliminate every kind of fraud
DAvoid the need for any audit
Answer & Solution
Correct answer: A. Save costs and speed processing
Automation of manual controls can cut costs and speed transaction processing.
Keep practising Risk Assessment and Internal Control
Browse all Risk Assessment and Internal Control questions for CA Inter, or explore more Auditing topics.
Related questions
Sarbanes-Oxley fraud risk assessment focuses on what risk?What do external audit standards most commonly used include?To whom do internal auditors of US listed companies report functionally?Which auditors are employed by the organizations they audit?Financial statements are said to be true and fair when they are free of what?What does an audit seek to provide about statements being free from material error?What is an integrated audit of a public company?What is the main benefit of internal control procedures that reduce process variation?