Which of the Five Elements of Internal Controls Is Least

question 33

Multiple Choice

Which of the five elements of internal controls is least effective in preventing fraud in e-commerce?

• A) Monitoring
• B) the control environment
• C) risk assessment
• D) control activities and procedures

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Definitions:

Minimum Wage

The lowest legally allowed payment that an employee can be paid for their labor.

Economists

Experts in economics who analyze and interpret economic trends, data, and policies to understand and predict financial and market behaviors.

Minimum Wage

The lowest legal hourly rate that workers can be paid by their employers, set to ensure a minimum standard of living for workers.

Skill

The ability to perform tasks and solve problems due to knowledge, practice, aptitude, and experience.