Examlex
There are five components of internal control. Match the following examples to the correct internal control component.
Quality Control
A series of activities and procedures intended to ensure that products or services meet specified requirements and are dependable.
Performance Threat
Performance Threat refers to the potential risk or perceived danger of failing to meet performance standards, which can negatively impact an individual's motivation and productivity.
Problem Seeker
An individual or an approach focused on identifying issues before they become significant problems, enabling proactive solutions and improvements.
Customer Service Deficiencies
Refers to shortcomings in the service provided to customers, including delays, poor quality, or lack of courtesy.
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