Below are many statements and ideas about internal controls. Put them in the appropriate category that they pertain to. You will not use all the possibilities listed (some do not fit in either category).

Categories are either:

Internal Controls Enable OR

COSO main components

• Passwords
• Information and communication
• Prevention and detection of errors and fraud
• Segregation of duties
• Prevention of waste and inefficiency
• monitoring activities
• locks and keys limit access
• control environment
• guarantees of accuracy
• safeguarding asserts
• power over employees
• control activities
• risk assessment
• reliable reporting