Submitted by: Submitted by jklang
Views: 20
Words: 421
Pages: 2
Category: Business and Industry
Date Submitted: 03/18/2015 12:39 AM
LEON GUINTO MEMORIAL COLLEGE INC.
The Level of Assurance That the Internal Control Can Provide Among Selected Businesses in Atimonan, Quezon
QUESTIONNARE
Instruction: Put your answer on the space provided below or mark the box that correspond to your answer. Please don’t leave any item unanswered.
Business registered name:
Part 1: Business Profile and Structure
1. What is the type of business?
* Sole Proprietorship
* Partnership
* Corporation
* Others, please specify ____________
2. What is the nature of business?
* Service
* Manufacturing
* Merchandising
* Others, please specify ____________
3. How many years does the business exist? _________
4. What is the total number of employees?
* 1-10
* 11-20
* 21-30
* 31 above
Instruction: Put a mark on your corresponding answer.
Legend: (1- Never Accomplished) (2- Seldom Accomplished) (3- Sometimes Accomplished)
(4- Often Accomplished) (5- Always Accomplished)
4
3
2
1
5
ControlEnvironment
The responsibilities and authorities are properly assigned. |
Followed the policies and procedures |
Employees are educated about management philosophy and operating cycle. |
Have integrity and followed the ethical standards. |
Committed to competence |
Risk Assessment
Business objectives are properly set |
Management evaluates risk. |
Have specific control to the risk evaluated |
Gathers information about new amended laws and regulations |
Legend: (1- Never Accomplished) (2- Seldom Accomplished) (3- Sometimes Accomplished)
(4- Often Accomplished) (5- Always Accomplished)
1
2
3
4
5
Control Activities
Have a strong policies and procedures |
Management objectives are clearly communicated. |
There is a proper planning and reporting system. |
Duties are properly segregated. |
There is a control for safeguarding and access to asset. |
Information and...