The major components of internal control include all of the following,except:
A)Risk assessment.
B)The control environment.
C)Internal auditing.
D)Control activities.

Question

Quizplus · Accepted Answer

The major components of internal control are risk assessment, the control environment, control activities, information and communication, and monitoring activities. Internal auditing is not considered a major component of internal control, but rather a function that supports and evaluates the effectiveness of the internal control system.

The Major Components of Internal Control Include All of the Following,except