Which of the Following Describes the Control Environment

question 75

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)The control environment is the "tone at the top" of the business.
• C)The control environment is designed to ensure that the business's goals are achieved.
• D)A company must identify its risks.

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Definitions:

Stratified Sampling

A sampling method that divides the population into smaller groups, or strata, to ensure representation of significant subpopulations in the sample.

School Administrator

An official in an educational setting responsible for the management, coordination, and supervision of school operations and activities.

Freshmen

First-year students at a high school, college, or university.

Population Parameter

A characteristic or measure of an entire population, such as the mean or standard deviation, often estimated using sample data.