As part of a company's efforts to comply with the requirements of the Sarbanes-Oxley Act ("the Act"), this questionnaire allows process owners of core functions to perform a control self-assessment of their operations. This questionnaire is a checklist of the basic controls for that function. The information from this questionnaire will be provided to executive management to support their certifications on the annual report on internal and disclosure controls as required by Sections 302 and 404 of the Act.
Sample questions include: Do written policies and procedures exist for accounts receivable? Are cash receipts applied against specific customer receivable invoices rather than to general accounts?