Levels Tought:
University
Teaching Since: | Apr 2017 |
Last Sign in: | 344 Weeks Ago, 6 Days Ago |
Questions Answered: | 9562 |
Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Components of Internal ControlÂ
1.   Evaluates management’s assessment of internal control over financial reporting.
2.   A process that establishes reliability of accounting records and financial state- ments in accordance with GAAP.
3.   Many assets such as cash and invento- ries are at risk of loss.
4.   Establishes a system of internal con- trol and assesses its effectiveness
Se2. Match the items with the related statements that follow.
a.   Control environment
b.   Risk assessment
c.   Control activities
d.  Information and communication
e.   Monitoring
Â
-----------