The major components of an organization's internal controls consists of all of the following except
A)risk assessment.
B)control environment.
C)control activities.
D)control risk

Question

Quizplus · Accepted Answer

Control risk is not a separate component of internal controls, but rather the overall objective of having effective internal controls in place. The three main components of internal controls are risk assessment, control environment, and control activities.

The Major Components of an Organization's Internal Controls Consists of All