Control Activities Are a Subcomponent of the Information and Communication

question 98

True/False

Control activities are a subcomponent of the information and communication component of internal control.

---

Definitions:

Jurisdictional Ambiguities

Situations where it is unclear which legal or organizational authority has control over a specific issue, leading to potential conflicts or inefficiencies.

Authority Relationships

The structured interactions between individuals within an organization based on hierarchal positions where one party has the right to direct others and expect compliance.

Team Approach

A collaborative working style where tasks and goals are approached collectively by a group, emphasizing teamwork and shared responsibilities.

Positive Consequence

A beneficial result of a particular action or condition, often used as a form of reinforcement.