Matching
Match the following elements of internal control:
Premises:
control environment
risk assessment
control procedures
monitoring
information and communication
Responses:
provides reasonable assurance that business goals will be achieved
used by management for guiding operations and ensuring compliance with requirements
overall attitude of management and employees
used to locate weaknesses and improve controls
identify, analyze and assess likeliness of vulnerabilities
Correct Answer:
Premises:
Responses:
control environment
risk assessment
control procedures
monitoring
information and communication
Premises:
control environment
risk assessment
control procedures
monitoring
information and communication
Responses:
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