A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of internal control system? Risk assessment Monitoring of controls Control procedures Control environment

A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of internal control system? Risk assessment Monitoring of controls Control procedures Control environment

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 2MC: Internal control is said to be the backbone of all businesses. Which of the following is the best...

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'A company have a corporate code of ethics that prohibit employees from taking gifts from customer and vendors' is an example of which of the following element of
internal control system?
Risk assessment
Monitoring of controls
Control procedures
Control environment

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