While out at a consulting engagement, one of your graduate staff members comes to you with the following question, Im confused. Since I first studied AIS at uni, I have never really understood this concept of control . . . I mean what is the relationship among the control environment, organisational objectives and the internal control system?

Required:

Prepare an answer in response to the graduates concerns. You should include a description of what an internal control is, the relationship between internal control components, organisational objectives and the different divisions of the organisation, and a description of the control environment, general controls and application controls and how they relate to one another.(Minimum 1000words)