Which of the following is NOT one of the five GAO internal control standards?

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Multiple Choice

Which of the following is NOT one of the five GAO internal control standards?

Explanation:
GAO’s internal control framework centers on five components: the control environment, risk assessment, control activities, information and communication, and monitoring. Auditing isn’t one of these components; it’s an evaluative activity that may be performed to test whether the controls are working, but it sits outside the five standard elements.

GAO’s internal control framework centers on five components: the control environment, risk assessment, control activities, information and communication, and monitoring. Auditing isn’t one of these components; it’s an evaluative activity that may be performed to test whether the controls are working, but it sits outside the five standard elements.

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