Question

Control activities are performed within processes (e.g., segregation of duties required in processing cash receipt transactions) and over the technology environment. a. True b. False

Answer 1

Answer:

a. True

Explanation:

The control objectives seek to support the fulfillment of the critical factors of business success, in order to finally support the achievement of the institutional objectives, on this the CITI is based

It is very important to clearly identify the relationships of the control objectives with other internal control elements such as:

 · Critical success factors receive direct support from control objectives to support compliance.

· The control objectives are made up of control goals, which allow them to have a more detailed perspective of the control objectives and at the same time facilitate the evaluation of their compliance.

CITI CONCEPT:

It is the set of administration elements that a company establishes in a coordinated way so that the use of information technology resources effectively supports the institutional objectives of the company