AUD 3 Internal Control 7 Flashcards
Elements of Internal Control: (CRIME)
- Control Environment (CHOPPER)
- Risk Assessment
- Control Activities
- Information and Communication
- Monitoring
or
5 components of internal control
(CRIME)
- Control activities
- Risk assessment
- Information and communication
- Monitoring
- Control Environment
Elements of Internal Control: (CRIME)
- Control Environment (CHOPPER)
- Risk Assessment
- Control Activities
- Information and Communication
- Monitoring
or
5 components of internal control
(CRIME)
- Control activities
- Risk assessment
- Information and communication
- Monitoring
- Control Environment
Elements of Internal Control: (CRIME)
• C = Control Activities
Co_____ activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are po___ies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and pro_____es that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that m__________ directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control ac____ies are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management di____ives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of co_____ activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Performance re___s
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Performance reviews
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Perf_______ reviews
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Inf_______ processing
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Information processing
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Information pro____ing
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Information processing
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Physical co______s
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Physical controls
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Ph______ controls
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Physical controls
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Seg_________ of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Segregation of d__ies
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
• Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The fo___ of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Per________ reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- In_________ processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Ph_______ controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Seg_______ of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance re____s
- Information pro____ing
- Physical co____s
- Segregation of du___s
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be o__ of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Control activities are policies and procedures that help ensure that management directives are carried out.
The focus of control activities may be one of the following:
- Performance reviews
- Information processing
- Physical controls
- Segregation of duties
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of perf________ against some criteria
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the eva______ of performance against some criteria
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some cri_____
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing act___ amounts to budgeted amounts,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to bud___ed amounts,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing cur_____ period results to those of prior years,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of pr___ years,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or eva____ing financial data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating fi_______ data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to non financial d___.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to n__ financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria
such as
comparing actual amounts to budgeted amounts,
comparing current period results to those of prior years,
or evaluating financial data in relation to non financial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance re____s
– Controls involving the evaluation of performance against some criteria such as comparing actual amounts to budgeted amounts, comparing current period results to those of prior years, or evaluating financial data in relation to nonfinancial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Performance reviews
– Controls involving the evaluation of performance against some criteria such as comparing actual amounts to budgeted amounts, comparing current period results to those of prior years, or evaluating financial data in relation to nonfinancial data.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of inf_______ unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that pre____ the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the pro____ing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain cri___ia are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information un___s certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain doc_______ before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the m____ing of certain documentation before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before re____ing a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a s___.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, env_______,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information tech________, or IT, environment,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall ope_____ of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are gen____ controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the over___ operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the stru_____ of the organization and access to information;
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the org_______ and access to information;
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific func____s being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and appl_____ controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific functions being perf___ed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met,
such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment,
there are general controls that relate to the overall operation of the system,
including the structure of the organization and access to information;
and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information pro____ing
– Controls that prevent the processing of information unless certain criteria are met, such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment, there are general controls that relate to the overall operation of the system, including the structure of the organization and access to information; and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met, such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment, there are general controls that relate to the overall operation of the system, including the structure of the organization and access to information; and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Infor_______ processing
– Controls that prevent the processing of information unless certain criteria are met, such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment, there are general controls that relate to the overall operation of the system, including the structure of the organization and access to information; and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Information processing
– Controls that prevent the processing of information unless certain criteria are met, such as the matching of certain documentation before recording a sale.
In an information technology, or IT, environment, there are general controls that relate to the overall operation of the system, including the structure of the organization and access to information; and application controls that relate to specific functions being performed.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical co_____s
– Controls that limit access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that li___ access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit access to as___s.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit acc___ to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Physical controls
– Controls that limit access to assets.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of du___s
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people resp________es for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
aut_____ing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
re____ing transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining cus____ of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing recon_______s or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve ass____ing different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing trans______s,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
main____ing custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and per____ing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comp_____ons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for
authorizing transactions,
recording transactions,
maintaining custody of assets,
and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different pe_____ responsibilities for authorizing transactions, recording transactions, maintaining custody of assets, and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– Controls that involve assigning different people responsibilities for authorizing transactions, recording transactions, maintaining custody of assets, and performing reconciliations or comparisons.
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to re____ the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the oppo_______s to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to b___ perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both per______ and conceal errors or fraud in the normal course of their duties (ARCC-S).
Elements of Internal Control: (CRIME)
• C = Control Activities
Segregation of duties
– It is intended to reduce the opportunities to allow any person to be in a position to both perpetrate and conceal errors or fraud in the normal course of their duties (ARCC-S).
