The range of actions that make up the component of internal control referred to as control activities includes each of the following, except:
A)Segregation of duties
B)Risk assessment
C)Independent checks and reconciliations
D)Authorization of transactions

Question

Quizplus · Accepted Answer

The component of internal control referred to as control activities includes segregation of duties, independent checks and reconciliations, and authorization of transactions. Risk assessment is a separate component of internal control that involves identifying and analyzing risks to the organization's objectives.

The Range of Actions That Make Up the Component of Internal