Considering the internal control component

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Reference no: EM1354013

Which of the following describes the internal control component "monitoring of controls"?

Internal auditors monitor company controls to safeguard assets, and external auditors evaluate the controls to ensure that the accounting records are accurate.

- Monitoring of controls is the "tone at the top" of the business.

- Monitoring of controls is designed to ensure that the business's goals are achieved.

- A company must identify its risks.

Reference no: EM1354013

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