Q/ about control and test of controls

Hey!

I’m new here & I am looking to get an answer from a tutor on control and test of controls. Here my trick that I do to find controls first and let see whether you agree with what I am doing is good.

First I identify at the deficiency in the internal control that then I ask & think as a [management] to find the right control that should be placed; and for that right control I specifically look at the control activities of the internal controls compenent (5 compenents) such as (authorisation, reconciliation, physical controls, segregation of duties, comparsion etc)

1). For example, If there is a deficiency in the “customer credit limits which are set by sales ledger clerks”,
so my answer goes like this “credit limits should be set by a senior member of the sales department and not by sales ledger clerks. These limits should be [authorised=control activities] by the senior member and the signature is to be duly signed” (Remeber control activities to construct your answer according to that) – [Is this correct strategy?]

When I’m done with the control, now lets go to the test of controls.

2). For test of control, first I identify audit procedure [Inspect, Observe, Enquiry, Reperform], then I put the reason why it is being placed such as “[Inspect] a sample of new customers list accepted in the year and [enquire] from management as to the authorisation of the credit limit to ensure that it was was audthorised by a senior official”. [Is this correct strategy?]

I need a comment or advice by a professional tutor whether this is the right strategy to construct my answers for control & test of controls questions? And what do you think in your opinion if there any other way that I can think of which is the most effective? [I mean how do I think different for this control Q’s?]