Which of the Following Is an Attribute of the Internal

question 207

Multiple Choice

Which of the following is an attribute of 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) Monitoring of controls deals with identification and assessment of business risks.

---

Definitions:

Noncooperative Equilibrium

A situation in a game where each player chooses their strategy independently, and no player can benefit by changing strategies while the others keep theirs unchanged.

Prisoners' Dilemma

A scenario in game theory where two individuals acting in their own self-interest do not produce the optimal outcome, often used to illustrate the conflict between collective and individual interests.

Narrative Relief Column

A vertical structure that uses raised figures to depict a sequence of events in a narrative manner, often found in ancient monuments and buildings.

Emperor Trajan

Roman Emperor from 98 to 117 AD, celebrated for his extensive public building programs and military expansions, including the successful Dacian Wars.