The five major components of an organization's internal control are: the control environment,risk assessment,control activities,information and communication,and materiality.
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Q1: The quality of an organization's internal control
Q9: Control activities are the policies and procedures
Q11: If internal controls are not enforced they
Q12: The more effective the quality of internal
Q15: Internal control is a process designed to
Q15: Control is considered to be part of
Q16: Authorization Procedures include that all senior members
Q17: If an organization is too lenient in
Q18: Virtually all major financial frauds from the
Q19: Auditing standards require that the auditor exercise
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