List the Five Components of Internal Control

question 202

Essay

List the five components of internal control.

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Definitions:

International Business

Commercial transactions that occur across national borders, involving the exchange of goods, services, or information.

High-context

A communication style where much of the information is understood through context, non-verbal cues, and shared experiences rather than explicitly stated in the message.

Verbal Communication

The process of conveying messages or information through spoken words.

Nonverbal Signals

Forms of communication that do not involve words but convey messages through gestures, postures, and facial expressions.