Monitoring is a process that assesses the quality of internal control performance over time.

Question

Quizplus · Accepted Answer

Monitoring is a key element of internal control and involves ongoing assessments of the effectiveness of the internal control system over time. It is important to monitor internal control regularly to ensure that it is operating effectively and efficiently, and to identify any weaknesses or deficiencies that may need to be addressed.

Monitoring Is a Process That Assesses the Quality of Internal