Which of the following is not considered one of the five major components of internal control?
A) Risk assessment.
B) Segregation of duties.
C) Control activities.
D) Monitoring.

Question

Quizplus · Accepted Answer

Segregation of duties is a principle within control activities, not a separate component of internal control. The five major components are control environment, risk assessment, control activities, information and communication, and monitoring.

Which of the Following Is Not Considered One of the Five