Question: For questions #10 15, indicate which internal control component is related to the following principles Components Control Activities Monitoring Activities Information & Communication Control Environment

For questions #10 15, indicate which internal control component is related to the following principles

Components

  1. Control Activities
  2. Monitoring Activities
  3. Information & Communication
  4. Control Environment
  5. Risk Assessment

Principles

  1. The organization obtains or generates and uses relevant, quality information to support the functioning of internal control.
  2. The organization holds individuals accountable for their internal control responsibilities in the pursuit of objectives.
  3. The organization selects, develops, and performs ongoing and/or separate evaluations to ascertain whether the components of internal control are present and functioning.
  4. The organization identifies and assesses changes that could significantly impact the system of internal control.
  5. The organization demonstrates a commitment to integrity and ethical values.
  6. Management establishes, with board oversight, structures, reporting lines, and appropriate authorities and responsibilities in the pursuit of objectives.

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