Question: The 1992 COSO report identifies five components for an effective internal control system. Which of those five establishes the tone of a company and influences

The 1992 COSO report identifies five components for an effective internal control system. Which of those five establishes the tone of a company and influences the control awareness of the companys employees?

a.control procedures

b.control environment

c. control activities

d. information and communication

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The 1992 COSO report identifies five components for an effective internal control system. Which of those five includes giving documents such as policies and procedures manuals to employees and...

The 1992 COSO report identifies five components for an effective internal control system. a)These are: Control environment, risk assessment, control activities, information and communication, and...

The 2013 COSO Report identifies five components for an effective internal control system. These are: Control environment, risk assessment, control activities, information and communication, and...

I need one response to each posting at least 75 words: 1. The Committee of Sponsoring Organizations of theTreadwayCommission (COSO) developed a model for evaluating internal controls which has been...

Abstract Accounting frameworks follow stipulations of existing Accounting Theories. This exploratory research sets out to trace the evolution of accounting theories of Charge and Discharge Syndrome...

National Business Institute of Australia 20 Clark Rd. Ivanhoe Victoria 3079 www.nbi.com.au 03 9499 7872 FNSORG601A Negotiate to achieve goals and manage disputes Student Workbook melbourne . sydney ....

Questions: #6A:Realism of recommendations for Target which of the author's recommendations are realistic for a company like Target? #6B: Comparison with Trinity In a general sense, how does the...

Could I get the answers to the multiple choice section of this? Thanks! Chapter 11 Introduction to Internal Control Systems True-False Questions 1. Controls that specifically encourage operating...

Visit the COPPA site dedicated to distributing information about the Childrens Online Privacy Protection Act at www.coppa.org/comply.htm. Then write a brief paragraph on the responsibilities a Web...

C&C Properties is an S corporation that owns two rental real estate undertakings: Carrot Plaza and Cantaloupe Place. Both properties produce an annual $10,000 operating loss. C&Cs Schedule K...

Miten tm lasketaan? Oy K Ab:n vlilliset kustannukset (sisltvt sek muuttuvia, ett kiinteit kustannuksia) olivat seuraavat (kustannuspaikoittain): Valmistusosasto Ainepaikka Myynti ja hallinto Yhteens...

1. Assume Your the CEO at Stanbic bank Uganda Ltd. Use Michael Porters five force model to analyze the banking industry environment in Uganda today. Use publicly available and internet related...

How might your position in the organisation affect, and be affected by, the research project you plan to conduct? What are the implications of your role for the research strategy that you are...

How clear are you about the aims of your potential project? What are the key concepts that you will need to explore? Who are the key authors in this field? Who might you discuss your research ideas...

Write a summary (no more than three sentences for each) of the four research strategies (cross-sectional research; case study; action research; comparative research). Which strategy is most...