Match the following elements of internal control:
-information and communication
A)provides reasonable assurance that business goals will be achieved
B)used by management for guiding operations and ensuring compliance with requirements
C)overall attitude of management and employees
D)used to locate weaknesses and improve controls
E)identify, analyze and assess likeliness of vulnerabilities

Question

Quizplus · Accepted Answer

Information and communication are used by management for guiding operations and ensuring compliance with requirements. This element of internal control ensures that all relevant information is identified, captured, and communicated in a form and timeframe that enable people to carry out their responsibilities.

Match the Following Elements of Internal Control