Which of the following components of internal control consists of internal and external auditors?
A)monitoring of controls
B)information systems
C)control procedures
D)control environment

Question

Quizplus · Accepted Answer

The component that consists of internal and external auditors is monitoring of controls. Control procedures refer to the policies and procedures in place to ensure that control objectives are met. Information systems refer to the technology and processes used to capture, process, and communicate information. Control environment refers to the overall tone and culture set by management towards internal control.

Which of the Following Components of Internal Control Consists of Internal