Which of the following is NOT a component of internal control? (A) Control activities (B) Risk assessment (C) External audit (D) Monitoring activities

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
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 35MCQ
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4 POINTS

Which of the following is NOT a component of internal
control?
(A) Control activities
(B) Risk assessment
(C) External audit
(D) Monitoring activities
Transcribed Image Text:Which of the following is NOT a component of internal control? (A) Control activities (B) Risk assessment (C) External audit (D) Monitoring activities
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