In terms of ISA 315 (Revised) Identifying and assessing the risks of material misstatement, the components of internal control are as follows:

(i) control environment

(ii) the entitys risk assessment process

(iii) the information system relevant to financial reporting and communication

(iv) control activities

(v) monitoring of controls

Exclusive Shoes has the following control procedure in place:

Exclusive Shoes internal sales order forms are pre-printed with all the categories of available goods on it and only requires the name of the customer and the quantities per category of item.

Identify the component of internal control to which the above procedure relates.

Select one:

a.

Control environment

b.

Information system