Internal Control Questionnaires and Verification Procedures

Conclusion

Is the foregoing information considered adequate as the basis for our evaluation of internal control in that there are no significant additional internal auditing procedures, accounting controls, administrative controls, or other circumstances that impair any controls or mitigate any weaknesses indicated above (explain negative answers briefly, and indicate conclusions as to their effect on specific examination or verification procedures)?
Based on a composite evaluation (as evidenced by answers to the foregoing questions), internal control is considered (good, medium, or bad). A separate evaluation should be made for each area, i.e., cash on hand, cash items, etc.