I feel pretty confident about this one. A well-designed ICQ should provide sufficient data for evaluating the internal controls, and it should be organized by individual functional areas. The answer that doesn't fit is D, which says it should only have yes/no responses.
Okay, let's see. It sounds like we need to track sales tax by operating company, even though there's only one sales tax rate. I'm thinking tax groups, location sales tax, and assigning tax code to transaction type might be the way to go.
Hmm, I'm a bit unsure about this one. The options seem to cover different aspects of risk management, but I'm not entirely clear on how they specifically relate to the primary purpose of a BIA. I'll need to review my notes on BIA best practices.
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