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Question
question 2 (5 points)
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the foundation for all other elements of internal control is
control activities.
monitoring.
the control environment.
risk assessment.
The control environment sets the tone of an organization regarding internal control. It influences the control consciousness of its people and is the foundation upon which all other internal - control components are built. Control activities are actions taken to address risks, monitoring assesses the effectiveness of controls over time, and risk assessment identifies and analyzes risks relevant to the achievement of objectives. But none of these can function effectively without a proper control environment.
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the control environment.