According to Simon (1999) the most appropriate Lever of Control to address a lack of opportunity or fear of risk is? a. Interactive Control Systems. b. Belief Systems. C. Boundary Systems. d. Diagnostic Control Systems. e. Short- and Long-Term Incentive Systems.

When is the timing of substantive procedures most flexible? detection risk is assessed as low O there is a lack of an effective control environment O controls have been tested and are determined to be ineffective O controls have been tested and are determined to be effective

Which of the following statements best describes the phrase, “evaluating the design of a control”?     Group of answer choices A. Considering whether the control, individually or in combination with other controls, is capable of effectively preventing, or detecting and correcting, material misstatements. B. Expressing an opinion as to the effectiveness of a control. C. Observing the application of specific controls. D. Determining whether the control exists and that the entity is using it.

How does the reward system for a strategic-based system differ from the traditional approach?