The most widely accepted internal control framework in the United States contains the following five components. Describe

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The most widely accepted internal control framework in the United States contains the following five components. Describe each of them.

1. Control environment

2. Risk assessment

3. Control activities

4. Information and communication system

5. Monitoring processes


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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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