4. Auditors regularly evaluate controls. Which of the following best describes the concept of control as recognized by internal auditors?

AManagement regularly discharges personnel who do not perform up to expectations.

BManagement takes action to enhance the likelihood that accountants and auditors design to ensure the correctness of processing.

CControl represents specific procedures that accountants and auditors design to ensure the correctness of processing.

D. control procedures should be designed from the“bottom up” to ensure attention to detail.

Byes. A control is any action taken by management to enhance the likelihood that established goals and objectives will be achieved. Management plans, organizes, and directs the performance of sufficient actions to provide reasonable assurance that objectives and goals will be achieved. Thus, control is the result of proper planning, organizing, and directing by management.

Ano. termination of employees who perform unsatisfactorily is not a comprehensive definition of control

Cno. Control is not limited to processing. Moreover, it is instituted by management, not auditors.

Dno. some control procedures may be designed from the bottom up, but the concept of control flows from management down through the organization.