Which One of the Following Is Not a Primary Component

question 17

Multiple Choice

Which one of the following is not a primary component of an internal control system?

• A)control activities
• B)delay payment of liabilities
• C)risk assessment
• D)control environment

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Definitions:

Myopia

A common eye condition characterized by nearsightedness, where close objects are seen clearly, but distant objects appear blurred.

Random Sample

A subset of individuals chosen from a population in such a way that every individual has an equal chance of being selected.

Regulation Guidelines

Rules or directives made and maintained by an authority to regulate behavior or ensure compliance with standards.

Student Apartments

Student apartments are residential units specifically designed or designated to accommodate college or university students, often located near educational institutions.