separtion of duties
Violations in the internal control involves not going according to the laid down procedure that has been designed by the organisation .Thus not following the rules that governs the activities within the organisation as well as dealing with external parties .
An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring
TO improve on the organizations performance,through making and implementing policies,formulating strategies,thus survival of the business,since business survival is a mere dream if the internal control of the business is lax.
Internal control systems are control procedures put in place by the management of an organisation to ensure efficient and effective operation of her activities, so as to meet the organisation's objectives.
Control environment, risk assessment, control activities (procedures), communication, and monitoring
Violations in the internal control involves not going according to the laid down procedure that has been designed by the organisation .Thus not following the rules that governs the activities within the organisation as well as dealing with external parties .
Pg 222 in mis
What is following.
Which of the following is a type of "detective" internal control
Tectonic activities, (Earths internal movements).
An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring
An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring
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Internal Revenue Service
Require activities to do internal explosives compliance safety evaluatios
carbonhydrates
graphics card