Which of the following statements relating to control activitiis incorrect?
A) They include management's philosophy and operating style.
B) They are policies and procedures that help make sure management's directives are carried out.
C) They help guarantee that necessary actions are taken to address risks impacting the achievement of the organization's objectives.
D) They have various objectives and are applied at various organizational and functional levels.

Question

Quizplus · Accepted Answer

Control activities do not necessarily include management's philosophy and operating style, although these factors may influence the design and effectiveness of control activities. Control activities refer specifically to policies and procedures that are implemented to mitigate risks and ensure the achievement of objectives.

Which of the Following Statements Relating to Control Activitiis Incorrect