A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of internal control system? Risk assessment Monitoring of controls Control procedures Control environment
A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of internal control system? Risk assessment Monitoring of controls Control procedures Control environment
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 17RQSC
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!['A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of
internal control system?
Risk assessment
Monitoring of controls
Control procedures
Control environment](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fba1ad8eb-23ee-405a-b759-47a5f454cbc3%2F74646902-3b56-4440-8512-d77d7affabff%2Fq7mxk5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:'A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of
internal control system?
Risk assessment
Monitoring of controls
Control procedures
Control environment
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