Management's Philosophy and Operating Style Would Affect Which of the Following

question 11

Multiple Choice

Management's philosophy and operating style would affect which of the following elements of internal control?

• A) Risk assessment
• B) Monitoring
• C) Control environment
• D) Information and communication

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Definitions:

Variables

Elements or factors within research or data that can change and potentially affect the outcomes of experiments or studies.

Predictions

Statements about what is believed will happen in the future based on current evidence or hypotheses.

Lawful Order

A command or direction that is issued by a person in authority and that is legal in nature, requiring compliance.

Events

Occurrences or happenings that are significant in nature, often marked by a change or impact on the environment or individuals.