Match the following elements of internal control:
-control environment
A)provides reasonable assurance that business goals will be achieved
B)used by management for guiding operations and ensuring compliance with requirements
C)overall attitude of management and employees
D)used to locate weaknesses and improve controls
E)identify, analyze and assess likeliness of vulnerabilities

Question

Quizplus · Accepted Answer

The control environment is the overall attitude of management and employees regarding the importance of controls, setting the tone for the organization's internal control system.

Match the Following Elements of Internal Control