Each of the following types of controls is considered to be an entity-level control, except those:
A)relating to the control environment.
B)pertaining to the company's risk assessment process.
C)regarding the company's annual stockholder meeting.
D)addressing policies over significant risk management practices.

Question

Quizplus · Accepted Answer

Controls related to the company's annual stockholder meeting are not considered entity-level controls. Entity-level controls focus on the overall control environment, risk assessment process, and significant risks management practices of the organization. Controls related to the annual stockholder meeting are more likely to be process-level controls that apply to a specific event or process within the organization.

Each of the Following Types of Controls Is Considered to Be