Which of the following elements of internal control focuses on locating weaknesses and improving control effectiveness?
A) Control environment
B) Risk assessment
C) Control procedures
D) Monitoring

Question

Quizplus · Accepted Answer

Monitoring focuses on reviewing the effectiveness of internal control procedures and locating weaknesses that need to be improved. Control environment sets the tone for internal control, Risk assessment helps to identify potential risks and Control procedures establish the methods to prevent and detect fraudulent activities.

Which of the Following Elements of Internal Control Focuses on Locating