According to the book, which 3 of the 5 traditional internal control elements are most important in ebusiness transactions?
A) Control environment, risk assessment and monitoring
B) Risk assessment, control activities and information & communication.
C) Control environment, risk assessment and control activities
D) Control activities, information & communication and monitoring.

Question

Quizplus · Accepted Answer

A: Monitoring is not as important as control activities
B: Information & communication are not as important as risk assessment.
D: Missing control environment and risk assessment.

According to the Book, Which 3 of the 5 Traditional