1. Fill the empty boxes with appropriate terms for the explanations below. Terms are as follows: Control Activities, Control Environment, Information and Communication, Monitoring Activities and Risk Assessment. Description AA process, involving both ongoing activities and separate evaluations, that enables an organization to evaluate the effectiveness of its system of internal control over time. B The foundation for all the other elements of internal control, setting the overall tone for the organization. C Policies and procedures put in place by management to address the risks identified during the risk assessment process. D Identifying, analyzing, and managing those risks that pose a threat to the achievement of the organization's objectives. E The process of capturing and communicating operational, financial, and compliance related information. Term 2. List four external users of accounting information. (You may select more than one answer.) a. Customers b. Creditors c. Business unit managers d. Regulators e. Plant Managers f. Investors