Organizational structure is part of which component of internal control?
A) Control activities
B) Control environment
C) Information and communication
D) Monitoring

Question

Quizplus · Accepted Answer

The control environment is the foundation of the internal control system, encompassing the organization's culture, philosophy, and structure. It sets the tone for internal control, influencing the control consciousness of its people. Organizational structure, as a part of the control environment, establishes the framework within which an organization's activities for achieving its objectives are planned, executed, controlled, and reviewed.

Organizational Structure Is Part of Which Component of Internal Control