All of the following are components of internal control, except for
A) monitoring of controls.
B) the control environment.
C) audit committees.
D) the information system.

Question

Quizplus · Accepted Answer

All of the other options (monitoring of controls, control environment, and information system) are components of internal control, but audit committees are not considered a component of internal control. Instead, audit committees are typically part of the external audit process, serving as a group of independent individuals who oversee and review the work of the external auditors.

All of the Following Are Components of Internal Control, Except