Understanding the Components of Internal Controls
Interactive Video
•
Business
•
University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the control environment refer to in a company?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential risks that a company may face?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are control activities and why are they important?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
How does management monitor control activities within an organization?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Why is quality data important for internal control decisions?
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