Which Element of Internal Control Deals with the Establishment of a Company's

question 47

Multiple Choice

Which element of internal control deals with the establishment of a company's policies?

• A)Control environment
• B)Control activities
• C)Information and communication
• D)Risk assessment

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Definitions:

Denis Kearney

An Irish-American immigrant known for his role in the late 19th century as a labor leader in California, advocating against Chinese immigration.

Chinese Descent

Individuals or populations that originate from China, sharing cultural, linguistic, or ancestral ties to the country.

Social Darwinism

A theory applying natural selection and survival of the fittest to sociology, economics, and politics, often used to justify political conservatism, imperialism, and racism.

Equitable Distribution

The fair and impartial division of resources or assets among people.