ich one of the following is not included in the control environment? Question 17Answer a. Organiza
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Which one of the following is not included in the control environment?
Question 17Answer
Organizational Structure
Integrity & Ethical values
Competence of Personnel
External Auditor
Step by step
Solved in 3 steps
- Which one of the following is not included in the control environment? a. Integrity & Ethical values b. Organizational Structure c. Competence of Personnel d. External AuditorWhich of the following i not an element of internal control?A. Control environmentB. MonitoringC. Compliance with laws and regulationsD. Control proceduresWhich of the following is an element of the control environment? Oa. Risk assessment plans Ob. Managements' operating styles Oc. Control proceares Od. Information and communication activities
- Which of the following is NOT one of the sub-components of the control environment? O Management's philosophy and operating style. O Adequate separation of duties. O Organisational structure. O Commitment to competence.What activities and responsibilities are not associated with management's functions? a. Planning b. Accountability C. Controlling d. Directing 12.In which element of Internal Control are personnel policies included: Control Procedures Control Environment O Risk Assessmenet Information and Communication O Monitoring
- Multiple-Choice Questions 5. Which type of control is considered a compensating control?a. segregation of dutiesb. access controlc. supervisiond. accounting recordsWhich of the following is not one of the elements of a good system of internal control? a.Control environment b.Analysis of control procedures c.Information and communication d.Risk assessmentWhich of the following is not a component of internalcontrol?a. Environmental assessmentb. Control activitiesc. Information and communicationd. Monitoring activities
- Which of the following is not an aspect of action control? Select one: O a. To define objectives O b. To take corrective action O c. To evaluate actual performance O d. To compare actual performance with goalsWhich of the following are examples of SOFT controls? [SELECT ALL THAT APPLY] a) Tone at the top (in words and deeds) b) Management decision style c) Culture d) Performance evaluationsMatch the following elements of internal control: Question 4 options: information and communication control environment risk assessment monitoring control procedures 1. provides reasonable assurance that business goals will be achieved 2. used by management for guiding operations and ensuring compliance with requirements 3. overall attitude of management and employees 4. used to locate weaknesses and improve controls 5. identify, analyze and assess likeliness of vulnerabilities