Business
Business, 01.12.2021 03:00, SumayahAminaAnsari

Components of Internal Control a. Procedures for maintaining separation of duties. b. Routine activities that are meant to continually observe internal control activities. Monitoring c. Transfer of data from lower managers to top executives for accurate financial reporting. d. Formal policies to evaluate internal and external threats to achieving company objectives. Risk assessment e. Overall attitude of the company with respect to internal controls.

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