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Which of the following components of internal control are characterized by ongoing activities and separate evaluations? Question 14 (CGIC-0003) Which of the following can be the most effective monitoring device for effective corporate governance? Question 15 (CGIC-0002) From a corporate governance standpoint which of the following best describes the main goal of a form of executive compensation? Question 16 (CGIC-0019) Which of the following components of internal control encompass policies and procedures that ensure that management’s directives are carried out? Question 17 (CGIC-0001) Which of the following forms of compensation is more likely to result in shirking by management? Question 18 (CGIC-0036) In the COSO framework, individuals within the company that monitor internal controls are referred to as Question 19 (CGIC-0016) The COSO definition of internal control considers control activities a(n): Question 20 (CGIC-0021) If internal control is properly designed, the same employee should not be permitted to