The Control Environment Component of Internal Control Was Identified to Have

question 40

Multiple Choice

The control environment component of internal control was identified to have a number of different factors.Which of the following is NOT one of those factors?

• A)Management's oversight responsibility, including its philosophy and operating style
• B)The identification of sources of risk
• C)The integrity and ethical values of the entity's people
• D)The board of directors demonstrates independence from management and exercises oversight of internal controls.

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Definitions:

Biological Perspective

A way of looking at psychological issues by studying the physical basis for animal and human behavior, involving genetics, the brain, the nervous system, and other aspects of physiology.

Major Depressive Disorder

A mental health condition characterized by persistent feelings of sadness, loss of interest in activities, and other symptoms that impair daily functioning.

Neurotransmitter Serotonin

This chemical messenger is crucial for transmitting signals in the brain and is involved in various physiological processes, including mood balance and feeling well-being.

Depression

A dilemma of mental health displayed by a consistent state of sadness or an unenthusiastic attitude towards activities, markedly disrupting daily living standards.