Demand deposit account allows customers to transfer money through the use of:
Following elements should be documented in the audit scope EXCEPT:
The scope of an audit defines the boundaries of the audit by addressing such items as the audit period or number of locations to be reviewed.. Some important considerations when defining the scope of an audit include:
Internal auditors, engaging in activities that are illegal and discreditable to the profession of internal auditing or the organization, violate which of the following principles: