Which of the following would be MOST time and cost efficient when performing a control self-assessment (CSA) for an organization with a large number of widely dispersed employees?
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A. B. C. D.C.
When performing a control self-assessment (CSA) for an organization with a large number of widely dispersed employees, the MOST time and cost-efficient approach would be to use a survey questionnaire.
A survey questionnaire is a standardized set of questions that can be distributed to a large number of employees simultaneously, regardless of their location. This approach allows for data collection from a diverse group of employees with different experiences and perspectives. It also enables a more objective and consistent assessment of the control environment, as each respondent will provide answers based on the same questions.
On the other hand, face-to-face interviews and facilitated workshops require more time and resources to organize and conduct. Face-to-face interviews may also be limited by geographic and scheduling constraints, whereas facilitated workshops require travel and accommodations, as well as the costs associated with hiring a facilitator.
Top-down and bottom-up analysis is a useful approach when performing a CSA, but it is not the most time and cost-efficient for an organization with a large number of widely dispersed employees. This approach involves reviewing the control environment from both a high-level and detailed perspective, which can be time-consuming and may require in-person meetings.
In summary, when performing a CSA for an organization with a large number of widely dispersed employees, a survey questionnaire would be the most time and cost-efficient approach. It enables data collection from a diverse group of employees with different experiences and perspectives, provides a more objective and consistent assessment of the control environment, and avoids the time and cost associated with face-to-face interviews and facilitated workshops.