Which of the Following Describes the Control Environment

question 120

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 earns profit.
• D)A company must identify its risks.

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Definitions:

Water Molecule

A molecule composed of two hydrogen atoms and one oxygen atom, essential for life.

Oxygen Atom

A chemical element with symbol O, essential for cellular respiration in living organisms.

High Heat

Refers to temperatures that are significantly above the average for a specific environment or process.

Vaporization

The conversion of a substance from a liquid or solid phase into a gas phase.