✏️ANSWER
Control environment
Risk assessment
Control activities
Information And Communication
Monitoring
EXPLANATION:
Control environment
A control environment, also called "Internal control environment", is a term of financial audit, internal audit and Enterprise Risk Management. It means the overall attitude, awareness and actions of directors and management regarding the internal control system and its importance to the entity.
Risk assessment
Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential events that may negatively impact individuals, assets, and/or the environment; and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors.
Control Activities
Control activities are the policies, procedures, techniques, and mechanisms that help ensure that management's response to reduce risks identified during the risk assessment process is carried out. In other words, control activities are actions taken to minimize risk.
Information And Communication
Information and communications technology is an extensional term for information technology that stresses the role of unified communications and the integration of telecommunications and computers,as.
Monitoring
Monitoring is a periodically recurring task already beginning in the planning stage of a project or programme. Monitoring allows results, processes and experiences to be documented and used as a basis to steer decision-making and learning processes. Monitoring is checking progress against plans.
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