Which of the following describes the internal control, Ask an Expert

Accounting

Which of the following describes the internal control component "risk assessment'?

A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate.

B) Risk Assessment is the tone at the top of the business

C) Risk Assessment is designed to ensure that the business's goals are achieved

D) A company must identify its risks

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9431126

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