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Which of the following indicates a strong internal control environment? Question 10 When duties cannot be segregated, the most important internal control procedure is Question 11 The fundamental difference between internal and external auditing is that Question 12 The importance to the accounting profession of the Sarbanes-Oxely Act is that Question 13 Control activities under SAS 109/COSO include Question 14 Control risk is Question 15 The most cost-effective type of internal control is Question 16 Which of the following suggests a weakness in the internal control environment? Question 17 Tests of controls include Question 18 Which of the following taxes are included in the total income tax expense of a corporation reported on its Federal tax return? Question 19 Which of the following items are not included in the financial statement income tax note effective tax rate reconciliation? Question 20 Paint, Inc., a domestic corporation, owns 100% of Blue, Ltd., a foreign corporation and Yellow, Inc., a domestic corporation. Paint also owns 40% of Green, Inc., a domestic corporation. Paint receives no distributions from any of these corporations. Which of these entities' net income are included in Paint's income statement for current year financial reporting purposes?