The Major Components of Internal Control Include All of the Following,except

question 39

Multiple Choice

The major components of internal control include all of the following,except:

• A)Risk assessment.
• B)The control environment.
• C)Internal auditing.
• D)Control activities.

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Definitions:

Arousal

The physiological and psychological state of being awake, alert, and engaged, often as a response to stimuli.

Activation Theory

A theory suggesting that performance is best under conditions of optimal arousal, rather than too high or too low.

Theoretical

Related to or based on theory; not practical or applied, but abstract and speculative.

Practical

Concerned with the actual doing or use of something rather than with theory and ideas.