Which of the Following Describes the Internal Control Component Monitoring

question 9

Multiple Choice

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

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

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Definitions:

Sequence

A specific order or arrangement in which operations, events, or activities follow each other.

Johnson's Rule

A sequencing rule used to minimize job or project completion time by ordering tasks based on the shortest processing time at a given workstation.

Makespan

The total time required to complete a set of tasks or jobs from start to finish in production or project scheduling.

Body Work Time

refers to the time spent repairing or modifying the body of vehicles in automotive repair.