Which of the Following Is not a Factor That Is

question 3

Multiple Choice

Which of the following is not a factor that is considered a part of the client's overall control environment?

• A)The organizational structure.
• B)The information system.
• C)Management philosophy and operating style.
• D)Board of directors.

---

Definitions:

Corporate Earnings

The net income of a company after all expenses and taxes have been deducted from revenue, a primary indicator of the company's financial health.

Publicly Held Issuers

Companies that have issued securities through an initial public offering (IPO) and whose shares are traded on a public stock exchange.

Registration Requirements

Legal obligations mandating the registration of certain information, entities, or activities with governmental authorities for regulation and oversight purposes.

SEC

The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities markets and protecting investors.