4) Which of the following components of internal control consist of work performed by internal and external auditors? A) monitoring of controls B) information systems C) control procedures D) control environment 5) Which of the following describes the environment in internal control? A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) The environment is the "tone at the top" of the business. C) The environment is designed to ensure that the business earns profit. D) A company must identify its risks. 6) Which of the following describes the risk assessment component of internal control? 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) A company must identify its risks and take necessary steps to minimize them. D) Risk assessment is designed to ensure that the business's goals are achieved