Which Element of Internal Control Deals with a Company Having

question 18

Multiple Choice

Which element of internal control deals with a company having large amounts of cash on hand?

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

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Definitions:

Program Loop

A sequence of instructions in programming that repeats until a certain condition is met.

Symbolic Constants

Symbolic Constants are named entities in programming that represent fixed values which cannot be altered during the execution of a program.

Tested Condition

An expression in programming that is evaluated in if-statements, loops, and other control structures to determine which path of execution to follow.

Numeric Data

Data that consists of numbers, which can be used in mathematical operations and statistical analysis.