Which of the Following Is Not a Component of the Internal

question 42

Multiple Choice

Which of the following is not a component of the internal control structure?

• A) Control Environment
• B) Accounting System
• C) Management Operations
• D) Control Activities

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Definitions:

ARM

A type of processor architecture known for its power efficiency, commonly used in mobile devices.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Dollar Amount

Indicates a specific value of money, usually in U.S. dollars, mentioned in financial transactions, budgets, and pricing.

Minimax Strategy

A decision-making strategy, especially in game theory, aiming to minimize the possible loss for a worst case (maximum loss) scenario.