According to COSO which of the following is not a component of internal control?

Multiple Choice

• Monitoring.

• Control risk.

• Control environment.

• Control activities.

Which of the following items can best be described as an Event in the REA data model?

Multiple Choice

• Cashier.

• Cash.

• Customer.

• Cash collection.

Which of the following is not a form of business rules?

Multiple Choice

• Obligatory.

• Prohibited.

• Compulsory.

• Allowed.