Question: 1 . The five elements of internal control include all of the following EXCEPT a . risk assessment. b . control procedures. c . information

1.The five elements of internal control include all of the following EXCEPT
a. risk assessment.
b. control procedures.
c. information and communication.
d. financial reporting.
abcd
2.Which of the following factors does not influence a companys control environment?
a. The company's personnel policies
b. Management's philosophy and operating style
c. The company's organizational structure
d. The company's safety practices
abcd
3.Monitoring the internal control system can be best described as
a. the concept of separating responsibilities for related operations.
b. implementing proofs and security measures.
c. the process by which a company locates weaknesses and improves controls.
d. separating operations, custody of assets, and accounting.
abcd

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