Compliance Internal Controls Include Which of the Following

question 5

Multiple Choice

Compliance internal controls include which of the following?

• A) Presidential overview
• B) Monitoring to assess the quality of the system
• C) Risk assessment
• D) Public policy
• E) Monitoring to assess the quality of the system and public policy
• F) Monitoring to assess the quality of the system and risk assessment

Comprehend the process of converting accrual basis income to cash basis.

Know the major sources of cash inflows and outflows reported in the statement of cash flows.

Identify transactions classified under investing and financing activities.

Comprehend the implications of cash flow information for financial analysis.

---

Definitions:

Sleepwalking

A sleep disorder that causes people to get up and walk around or perform other complex behaviors while still mostly asleep.

Convicted

Found guilty of a criminal offense by a court of law.

Arrested

The act of detaining a person, typically by legal authority, on suspicion of them having committed a criminal offense.

Crime

An act or omission in violation of a law prohibiting it and for which a punishment is imposed upon conviction.