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Which of the following is not a component of an entity's internal control?

<p>1) Control activity</p> <p>2) Control environment</p> <p>3) Control risk</p> <p>4) Information and communication</p>

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Question added by Mir Mujtaba Ali , Internal Audit Manager , Confidential
Date Posted: 2015/01/07
Md Ashraful Alam
by Md Ashraful Alam , Service Officer , TD Canada Trust

3. Control Risk

Muhammad Javed
by Muhammad Javed , Manager Finance , EuroMoto

Control Risk is not a component of internal control.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

3) Control Risk

 

Yes "Risk assessment process" but not "Control Risk".

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

3 is the correct answer

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

control risk 

Muhammad Latif Khirani
by Muhammad Latif Khirani , Financial Consultant , Bifringence (International Consulting Firm)

Following are Five Component of Entity Internal Control:

1-Control Environment

2-Risk Assessment

3-Control Activities

4-Information and Communication

5-Monitoring 

So Control Risk in the question  is wrong interpretation

Abd ElRahman Mohammed Idris Mohammed
by Abd ElRahman Mohammed Idris Mohammed , Internal Audit Manager , Kenana Sugar Company Limited

Answer (3) Control Risk

Hadeel Abdalgawad
by Hadeel Abdalgawad , AM Internal Audit , Al Muzaini Exchange Co. K.S.C.closed

the fourth answer

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