Question 12 1 points An internal audit department has been established to conduct separate evaluations on the company's internal control. Which of the following cos internal control component represented by this internal control O A Control activities OB Control environment DC Risk assessment Activate Window OD Monitoring Uudio 151 Question 13 paints Which of the following statements regarding a company's internal control over financial reporting incorrect? O A A System of internal control consists of policies and procedures designed to provide management with reasonable assurance that the company achieve seves OB Internal controls within a company encourage efficient and effective use of its resources to optimize the company's goals 0. The auditor has both legal and professional responsibilities to ensure that the internal control information is fairly presented in accordance with the reporting requires the sun frameworks Activate Windows OD None of the above Question 14 1 points Acompany benchmark data to evaluate losses from that it then compares its own data with those of other companies. Which of the following Contact Componentes represented by this internal control A Contact 5 Control vironment Rimant Activate Windows OD Monitoring Question 15 1 points Al prenumbered time records are accounted for before beginning the data entry for the preparation of payroll. Which of the following control activitats apply to the internal control O A Proper authorization of transactions and activities & adequate documents and records Adequate segregation of difus proper authorization of transaction and activities O Adequate documents and recorde & independent checks on performance OD Independent chacha on performance Activate Window