Question: The textbook lists five components necessary for effective internal control. What are the five components? How are those five components developed? Explain each of the

The textbook lists five components necessary for effective internal control. What are the five components? How are those five components developed? Explain each of the components. How does each component contribute to effective internal control? Why would they be interrelated components of internal control? Identify a relevant or applicable AICPA Code for each component. Cite specific Code numbers, making sure to use the current AICPA Code of Professional Conduct. Finally, identify the component you believe is most important, explain your choice

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