Which of the following is true of the internal control component-information system?
A)Internal auditors monitor company controls to safeguard assets,and external auditors monitor the controls to ensure that the accounting records are accurate.
B)Control procedures are designed to ensure that the business's goals are achieved.
C)Only authorized users have access to various parts of the information system.
D)The information system is the "tone at the top" or the culture of the business.

Question

Quizplus · Accepted Answer

The option states that only authorized users have access to various parts of the information system, which is a key aspect of the internal control component-information system. Option A refers to the roles of internal and external auditors in monitoring controls, which is not specific to the information system component. Option B is a general statement about control procedures, not specific to the information system. Option D relates to the ethical tone set by management, but it is not specifically related to the information system component of internal control.

Which of the Following Is True of the Internal Control