Matching
Match the following elements of internal control:
Premises:
Control Procedures
Monitoring
Control Environment
Information and Communication
Risk Assessment
Responses:
overall attitude of management and employees
identify, analyze and assess likeliness of vulnerabilities
provides reasonable assurance that business goals will be achieved
used to locate weaknesses and improve controls
used by management for guiding operations and ensuring compliance with requirements
Correct Answer:
Premises:
Responses:
Control Procedures
Monitoring
Control Environment
Information and Communication
Risk Assessment
Premises:
Control Procedures
Monitoring
Control Environment
Information and Communication
Risk Assessment
Responses:
Related Questions
Q142: List and define each of the five
Q161: Green Valley Bank sent Comstock Industries their
Q163: On April 3rd, Snappy Sales decides to
Q166: Groceries R Us, Inc. reported the following
Q169: The cash account for Santiago Co. on
Q170: On August 3rd, Sonar Sales decides to
Q170: (a) Where are cash equivalents disclosed in
Q173: The following data is from the Miser
Q174: Farm Store, Inc. reported the following data
Q175: Roper Electronics received its bank statement for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents