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.

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Definitions:

Gregor Mendel

The 19th-century scientist known as the father of genetics for his groundbreaking work on the inheritance of traits in pea plants, leading to Mendelian genetics.

Heredity

The passing of traits from parents to offspring through genes, a fundamental principle of genetics.

Basic Laws

Fundamental principles that form the foundation of a legal system, often enshrined in a constitution.

Enzymes

Proteins that initiate and direct chemical reactions.