Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of which component of internal control?a. Control environmentb. Risk assessmentc. Control proceduresd. Information system
Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of which component of internal control?a. Control environmentb. Risk assessmentc. Control proceduresd. Information system
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Quality Auditing: Why It Matters
Section: Chapter Questions
Problem 4RQSC
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Having a corporate code of ethics that prohibits employees from accepting gifts from customers or vendors is an example of which component of internal control?
a. Control environment
b. Risk assessment
c. Control procedures
d. Information system
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