The control components used by companies as a framework when analyzing their internal control systems include all of the following except:
A) control environment.
B) compliance.
C) monitoring activities.
D) risk assessment.

Question

Quizplus · Accepted Answer

The control components used by companies as a framework when analyzing their internal control systems include control environment, monitoring activities, and risk assessment. Compliance is not a control component, but rather a result of an effective control environment and monitoring activities.

The Control Components Used by Companies as a Framework When