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The concept of internal control as a process.What does that mean to you and how does that change a company's approach to controls and audit?

The concept of "internal control as a process".What does that mean to you and how does that change a company's approach to controls and audit?

When you consider the 5components of internal controls: Control Environment, Risk assessment, Control Activities, Information and communication, and Monitoring,which components do you believe have the greatest impact on protecting a company in today's environment?

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