You are busy with the audit of Salim (Pty) Ltd for the financial reporting period...
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You are busy with the audit of Salim (Pty) Ltd for the financial reporting period ended 31 December 2021. Its main business is the productionand sale of medical ventilators.To obtain an understanding of the entity and its environment, the senior registered candidate auditor documented the following informationrelating to the system of internal control of Salim (Pty) Ltd:
1. Each employee receives an e-mail once a week emphasising the importance of maintaining integrity and ethical behaviour. An anonymoushotline enables employees to report any fraudulent or suspicious behaviour within the company.
2. Internal auditors regularly perform procedures to assess the design and operating effectiveness of internal controls. Quarterly reports aresubmitted to management.
Based on the above information only, identify the correct components of the system of internal control that have been addressed by theabove statements:
a.the entitys risk assessment process and control activities
b.control environment and control activities
c.control environment and process to monitor the system of internal control
d.the entitys risk assessment process and information system and communication
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