1. Why is a code of conduct important? What should it contain?
2. In the long run, many agencies will adopt an automated tool to assist in the documentation, testing and evaluation of internal control. Why is that?
3. Surveys are an effective way of collecting information and are essential to the evaluation of whether an entity's culture and personnel policies create an environment that allow effective functioning of activity level controls. What factors should be considered in implementing a survey?
4. Describe the ways in which a deficiency in internal controls can arise.