Question

Scoring: Your score will be based on the number of correct matches. There is no penalty...

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Match the following elements of internal control:

Clear All
Provides reasonable assurance that business goals will be achieved
Used by management for guiding operations and ensuring compliance with requirements
Overall attitude of management and employees
Identify, analyze, and assess likeliness of vulnerabilities
Used to locate weaknesses and improve controls
Risk assessment
Control procedures
Monitoring
Control environment
Information and communication

Homework Answers

Answer #1

Answer :

1. Provides reasonable assurance that business goals will be achieved - Control procedures

2. Used by management for guiding operations and ensuring compliance with requirements -  Information and communication

3. Overall attitude of management and employees -  Control environment

4. Identify, analyze, and assess likeliness of vulnerabilities -  Risk assessment

4.Used to locate weaknesses and improve controls -  Monitoring

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