Question

Which of the following are approaches to a control self-assessment (CSA) program?

1.Facilitation
2.Cost-benefit
3.Survey
4.Self-certification
A. 1 and 2.
B. 1, 2, and 4.
C. 1, 3, and 4.
D. 1 and 3.

Answer 1

The approaches to a control self-assessment program include Facilitation, Surveys, and Self-certification, with only Cost-benefit not typically being included as an approach. Therefore, the answer to which approaches are included in a CSA program would be C. 1, 3, and 4.

Step-by-step explanation:

The approaches to a control self-assessment (CSA) program typically include Facilitation, Surveys, and Self-certification. Facilitation involves an independent party, often an internal auditor, guiding a group within the organization through a structured process to self-identify and assess risks and controls. Surveys are distributed to employees to gather their perception and knowledge about the controls in place.

Finally, Self-certification requires managers and employees to certify that the controls for which they are responsible are in place and effective. Therefore, the answer to which approaches are included in a CSA program would be C. 1, 3, and 4.