10.18: Difference between revisions
From Corrective Action Plan AZ
Created page with "'''Control Activities''' '''Principle 10 - Design Control Activities''' '''Attribute 10.18''' - When designing transaction control activities, management evaluates information processing objectives to meet the entity's objectives and mitigate related risks.<sup>89</sup> Information processing objectives may include the following: * '''Completeness''' - All transactions and events that occur have been properly recorded. * '''Accuracy''' - Data relating to transactions..." |
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* '''Accuracy''' - Data relating to transactions and events are properly and timely recorded. | * '''Accuracy''' - Data relating to transactions and events are properly and timely recorded. | ||
* '''Validity''' - All recorded transactions and events actually occurred, are related to the entity, and were executed according to prescribed procedures. | * '''Validity''' - All recorded transactions and events actually occurred, are related to the entity, and were executed according to prescribed procedures. | ||
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Latest revision as of 01:27, 16 August 2026
Control Activities
Principle 10 - Design Control Activities
Attribute 10.18 - When designing transaction control activities, management evaluates information processing objectives to meet the entity's objectives and mitigate related risks.89 Information processing objectives may include the following:
- Completeness - All transactions and events that occur have been properly recorded.
- Accuracy - Data relating to transactions and events are properly and timely recorded.
- Validity - All recorded transactions and events actually occurred, are related to the entity, and were executed according to prescribed procedures.
>>>Navigational Buttons<<<
- Index of Attributes
- Previous Attribute - ?
- Next Attribute - ?
