Which of the Following Describes the Control Environment

question 117

Multiple Choice

Which of the following describes the control environment?

• A)Internal auditors monitor company controls to safeguard assets and external auditors monitor the controls to ensure that the accounting records are accurate.
• B)A company must identify its risks.
• C)The control environment is the 'tone at the top' of the business.
• D)The control environment is designed to ensure that the business's goals are achieved.

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Definitions:

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Solid crystalline substances formed in some oils and fats that can cause blockages in fuel systems or cloud the appearance of liquids at lower temperatures.

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Devices used to remove particulate contaminants from fluids or gas streams, often installed in-line with other machinery or systems.

Differential Carrier Housing

The casing that encloses the differential assembly in a vehicle, providing protection and support for the differential gears.