Army MICP - Tab A How the Assessment Was Conducted

Tab __________ highlights the most significant internal control and related accomplishments.

A-3

Tab A is part of the ___________________.

Annual statement of assurance

Tab A :

Describes how the organization assessed their internal controls, Provides detailed information on the status internal controls in their organization, and Highlights the most significant organization accomplishments.. (All of the above)

The basis for reasonable assurance can be:

Establishment of sound policies in support of regulations and other directives, Prevention and detection measures, such as internal reviews, external audits, inspections, investigations and quality control reviews, General knowledge of command operations derived from weekly staff meetings, status reports, periodic review and analysis sessions and other forms of command oversight.. (All of the above)

Tab A should not include specifics such as name, date, scope and results.

False

Tab A-2, Other Information Required, contains detail on the MICP related to:

Leadership emphasis, training , and execution

Part of the concept of _____________ is a satisfactory level of management confidence that internal controls are in place and operating as intended.

Reasonable assurance

Internal control program training details should include:

Source, Type, and Scope. (All of the Above)

In Tab A-3, Managers Internal Control Program and Related Accomplishments, quantifying details related to accomplishments should be included.

True

Tab A-3 should include information on the internal control program that describes:What did you do well, how many dollars were saved, who did you help, and what did you fix?

True