COSO describes five components of internal control.Which of the following terms is best described as "policies and procedures that help ensure management directives are carried out and management objectives are achieved"?
A)Risk assessment
B)Information and communication
C)Control activities
D)Control environment

Question

Quizplus · Accepted Answer

Control activities are policies and procedures designed to ensure that management directives are carried out and management objectives are achieved. The four other components of internal control defined by COSO are control environment, risk assessment, information and communication and monitoring activities.

COSO Describes Five Components of Internal Control