Internal control encompasswhich of the following elements of an organization?
A) processes
B) culture
C) systems
D) all of the above

Question

Quizplus · Accepted Answer

Internal control includes all three elements - processes, culture, and systems. Processes refer to the procedures and policies in place to ensure effective and efficient operations. Culture refers to the attitude and behavior of employees towards integrity and ethical behavior. Systems refer to the technology and information systems used to support business operations and ensure accurate financial reporting. A strong internal control system will address all of these elements.

Internal Control Encompasswhich of the Following Elements of an Organization