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:

Prescribed Roles

Socially and culturally defined expectations and duties assigned to individuals or groups, often based on their status, gender, or age.

Cohabitation Rates

The statistical measure of the number of couples living together without being legally married.

Legal

Pertaining to the law or the governance of affairs as recognized and enforced by judicial decision.

Cohabiting Relationships

Non-marital relationships in which two people live together in a sexually intimate relationship without being legally married.