Is There A Relationship Between Internal Control Objectives And Compo

1.	Is There A Relationship Between Internal Control Objectives And Components?
Answer» There is a direct relationship between objectives and components. This results from the fact that objectives are what an entity STRIVES to achieve, while components are what an entity needs to achieve the objectives. It is also IMPORTANT to REMEMBER that internal control is relevant not only to the entire entity, but also to an entity’s OPERATING units and business functions. There is a direct relationship between objectives and components. This results from the fact that objectives are what an entity strives to achieve, while components are what an entity needs to achieve the objectives. It is also important to remember that internal control is relevant not only to the entire entity, but also to an entity’s operating units and business functions.

Is There A Relationship Between Internal Control Objectives And Components?

Answer»

There is a direct relationship between objectives and components. This results from the fact that objectives are what an entity STRIVES to achieve, while components are what an entity needs to achieve the objectives. It is also IMPORTANT to REMEMBER that internal control is relevant not only to the entire entity, but also to an entity’s OPERATING units and business functions.

There is a direct relationship between objectives and components. This results from the fact that objectives are what an entity strives to achieve, while components are what an entity needs to achieve the objectives. It is also important to remember that internal control is relevant not only to the entire entity, but also to an entity’s operating units and business functions.

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