Questions

1.What is the official name of the Business

2.What is the main objective of your business?
For Questions 3 to 15 choose from Strongly Agree to Strongly Disagree

Sun General Insurance

Strongly Agree

Agree

3.Internal Control Systems are applied heavily in the business

4.These Control Systems Effective and efficient when pertaining to helping the
business to fulfil their objectives

5.Internal Controls over current accrual accounts are heavily utilised in the business
6.There is a Healthy Control Enviroment in Your Business
7.The Risks of Your Business are Managed Effectively
8.It is difficult to maintain the level of Risk Management in your Business.
9.Your Business frequently partakes in Control Activities

1
1

Neutral

Disagree

Strongly Disagree

1
1
1

10.Information Systems is heavily involved in your Businesses financial reporting.

1
1

11.The Internal Control Systems of your Business are heavily monitored.

12.They are Material Weaknesses present in your Businesses internal Control
Systems.

put to be 1 to 5 scale

13.Material Weaknesses in your business are caused mostly by external sources.

14.Material Weaknesses in your business are caused mostly by internal sources.

15.The Internal Control Systems in your Business are costly.

.16. Is your Business Material Weaknesses Company-level or auditable?
Fo Questions 17 to 30 Choose From Strongly Agree to Strongly Disagree

Yes
No
Company Level
Strongly Agree

.17.The Material Weaknesses in the Internal Controls of Your Business affect accrual
quality tremendously.
18.Is need a strong need for improvement of your internal control systems
19.All Business owners should implement internal Controls into there Business.

Agree

Neutral

Disagree

1
1

Strongly Disagree

20.Would You Agree that Internal Control Systems are essential to a Businesses
Survival?
21.Internal Controls over Cash Receipts and Cash Disbursements are frequently
utilised in your Business.
22.Your employees can be as effective as internal controls systems
23.There is enough staff to efficient utilise segregation of duties.
24.Internal Control Systems of Your Business are heavily funded.
25. Account-specic material weaknesses are not associated with lower accruals
quality

1
1

Does your business have signif

1
1
1

26.Internal Controls over Accounts Receivable are heavily utilised in your Business

27.Internal Controls over Accounts Payable are heavily utilised in your Business
28.There is frequent Monitoring of Internal Control Systems.
29.There are a lot of Detective Controls in The Business.
30.There are a lot of Preventive Controls in The Business.

1
1
1
1

Does your business have significant difiencies