Which of the following is not one of the five elements of internal control?
A)Corporate governance.
B)Control procedures.
C)Control environment.
D)Information system.

Question

Quizplus · Accepted Answer

The five elements of internal control are control environment, risk assessment, control activities (which include control procedures), information and communication, and monitoring. Corporate governance may support internal control but it is not one of the main elements.

Which of the Following Is Not One of the Five