Please help with which choices go in each column based on the information.

I do not understand. Thank you

ent) - Word Search References Mailings Review View Help 3- A Paragraph - Normal No Spacing Heading Styles Match each Control in Column 2 with a. One or more Internal Control Objectives from Column 1 b. The single most appropriate Internal Control Component from Column 1. Column 2: Controls Implemented For Firm ABC 1. The executive team meets quarterly to review all business risks (including the potential for fraud), implements risk responses, and manages risk, including making changes to the system of internal control 2. The executive team meets each month to review the monthly financial statements and accounting ratios provided by the financial performance goals. controller and approved by the CFO. The main objective of this review is to see whether the firm has met operational and payments from the firm. 3. The employee who performs bank reconciliations is someone other than the employees who handle cash and generate 4. Management implemented a code of ethics, which includes policies on conflicts of interest. All employees, including i executives, electronically sign an acknowledgment that they have read, understand, and agree to abide by the code. 5. Management implemented continuous monitoring over the call center to confirm that the call center answers the calls in a timely manner. 6. Strong controls are in place to ensure proper accounting for and timely payment of statutory payroll deductions, like (1) federal, state, and local income taxes and (2) social security and Medicare deductions and firm contributions, to the respective governmental agencies. 7. The human resources department has processes in place to ensure that employees at all levels have the qualifications. experience, and training to efficiently and effectively perform their work. 8. There are controls in place to ensure that the audit committee receives reports in a timely manner on internal control deficiencies identified by the internal audit department. lity: Investigate Q Search