Which of the following must be in existence as a precondition to developing an effective system of internal controls?

exams IIA-CIA-Part1 V1 IIA-CIA-Part1 exam 0 Comments

Which of the following must be in existence as a precondition to developing an effective system of internal controls?
A . A monitoring process,
B. A risk assessment process.
C. A strategic objective-setting process.
D. An information and communication process.

Answer: B