Which of the Following Describes the Internal Control Component Monitoring

question 17

Multiple Choice

Which of the following describes the internal control component monitoring of controls?

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

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Definitions:

Death Penalty

A legal punishment involving the execution of an individual by the state as retribution for a crime deemed particularly severe, such as murder.

Deterrent

A factor or condition that discourages or prevents someone from engaging in a particular behavior, often used in the context of criminal behavior and law enforcement.

Death Penalty

A government-sanctioned practice where a person is executed by the state as a punishment for a crime, typically for serious offenses like murder.

Serial Killers

Individuals who commit a series of murders, typically three or more, over a period of time, often with cooling-off periods in between, driven by abnormal psychological gratification.