Which of the Following Describes the Risk Assessment Component of Internal

question 23

Multiple Choice

Which of the following describes the risk assessment component of internal control?

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

Grasp the concept of operational definitions in scientific research.

Recognize the importance of falsifiability and replicability in the scientific theory and empirical research.

Understand the distinctions between dependent and independent variables in experimental research.

Understand the concept of random selection and its importance in research.