____ is a process that evaluates the quality of internal control ...

[ETearle]

____ is a process that evaluates the quality of internal control performance over time.
 a. Control environment
  b. Risk assessment
  c. Control activities
  d. Monitoring

Question 2

Indicate with an X whether each item is an asset, liability or shareholders' equity account. There is only one correct answer for each.
 
  Item: Asset Liability Shareholders' equity
  1. Dividends
  2. Accounts receivable
  3. Contributed capital
  4. Note payable
  5. Wages expense
  6. Wages payable
  7. Prepaid insurance
  8. Insurance expense
  9. Accounts payable
  10. Retained earnings

[joewallace]

Answer to Question 1

D

Answer to Question 2

Item: Asset Liability Shareholders' equity
1. Dividends X
2. Accounts receivable X
3. Contributed capital X
4. Note payable X
5. Wages expense X
6. Wages payable X
7. Prepaid insurance X
8. Insurance expense X
9. Accounts payable X
10. Retained earnings X

[ETearle]

YES! Correct, THANKS for helping me on my review

[tranoy]

Thanks for the timely response, appreciate it