Monitoring,the Fifth Component of Internal Control,involves

Multiple Choice

Monitoring,the fifth component of internal control,involves

A) assessing the quality of internal controls over time and taking corrective actions if necessary.
B) studying the methods used and records established to identify, assemble, analyze, classify, record, and report the organization's transactions.
C) maintaining accountability for the financial structure (i.e., assets and liabilities) of the organization.
D) assessing and managing the risks that affect the organization's objectives.