What are "internal controls"? Who establishes the controls? What role does management play in the

creation and maintenance of a control environment?

What do we mean by:

"Segregation of duties"?

"Tone at the top"?

"Compensating controls"?

"IT general controls"?

"IT application controls"?

Provide examples of at least five internal controls and describe how they function within an organization;

that is, how they help to ensure the integrity of the data produced by the company's accounting

systems/processes.