The Range of Actions That Make Up the Component of Internal

question 77

Multiple Choice

The range of actions that make up the component of internal control referred to as control activities includes each of the following, except:

• A)Segregation of duties
• B)Risk assessment
• C)Independent checks and reconciliations
• D)Authorization of transactions

---

Definitions:

1996 Telecommunications Act

A significant overhaul of telecommunications law in the United States that aimed to deregulate the broadcasting and telecommunications markets.

FCC's Licensing Power

The authority of the Federal Communications Commission to grant, deny, and regulate broadcast licenses.

FCC

The Federal Communications Commission (FCC) is a government agency in the United States responsible for regulating interstate and international communications by radio, television, wire, satellite, and cable.

Licenses Radio

Regulatory authorization needed to operate radio stations or use radio frequencies, usually granted by a national telecommunication regulatory body.