The Control Environment Component of Internal Control Includes All of the Following

question 79

Multiple Choice

The control environment component of internal control includes all of the following except:

• A) Management's operating style.
• B) Access to computer programs.
• C) Organizational structure.
• D) Human resource policies and practices.

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Definitions:

Management

The process of directing and controlling a group of people or an organization in order to achieve a goal.

Secondary Market

A market where investors buy and sell securities they already own, typically through a brokerage.

Primary Market

The market where new securities are issued and bought directly from the issuing company, facilitating capital raising.

Auction Market

A marketplace where buyers and sellers enter bids and offers simultaneously; prices are determined through direct interaction of supply and demand.