Listed below are controls that have been developed by the management of Cirus Manufacturing Co.

1. Management has developed and distributed a code of conduct.
2. Management compares actual performance with budgets and forecasts.
3. Management has prepared and distributed an organizational chart.
4. The accounting department uses a manual of accounting policies and procedures.
5. The internal auditors periodically evaluate the controls in the various departments of the company.

For each of the controls, identify the internal control component and, if applicable, the subcomponent or principle to which it relates. Control components may be selected more than once.

Control Component Sub-control component integrity and ethical values. 1. Control environment. 2. 3. 4. 5