Final answer:
Examples of entity-level controls include management's risk assessment process, controls to monitor results of operations, and the period-end financial reporting process. These controls provide a framework for an organization's overall control environment, impacting financial and operational integrity. The correct answer is that all of these examples are indeed entity-level controls.
Step-by-step explanation:
Examples of entity-level controls include: A) management's risk assessment process, B) controls to monitor results of operations, and C) the period-end financial reporting process. Entity-level controls are internal mechanisms put in place to ensure the integrity of financial reporting and operational processes. They act as a framework for the overall control environment within an organization and can include policies, procedures, and practices that apply across the entire entity.
Specifically, management's risk assessment process is a holistic review of the risks the entity faces and how those risks are managed. Controls to monitor results of operations involve reviewing performance against budgets and forecasts, and the period-end financial reporting process is designed to ensure that financial statements are prepared accurately and in a timely manner. Thus, the correct answer is D) All of these are examples of entity-level controlsEntity-level controls are controls that are put in place at the organization-wide level to ensure that the business is effectively managing its risks and achieving its objectives. Examples of entity-level controls include:Management's risk assessment process: This involves management identifying and assessing the risks involved in the business's operations and implementing controls to mitigate those risks.