Final answer:
All options listed, including controls related to the control environment, controls over management override, controls to monitor results of operations, and controls over the period-end financial reporting process, are entity-level controls. The correct answer is that all of the above are entity-level controls.
Step-by-step explanation:
The question "Which is not an entity-level control?" refers to the components of a company's internal control system. Entity-level controls are the policies and procedures designed to ensure the integrity of financial reporting, compliance with laws and regulations, and effective operation of the company. These controls include:
- Controls related to the control environment: These are the company's ethics, integrity values, and environment which influence the control consciousness of its people. They are foundational for all other controls.
- Controls over management override: These controls prevent managers from overriding established policies or controls for personal gain or other reasons.
- Controls to monitor results of operations: These involve procedures to track the company's performance and compare it to budgets and forecasts.
- Controls over the period-end financial reporting process: These procedures ensure the accuracy and reliability of a company's financial reporting at the end of fiscal periods.
When we scrutinize the options provided, all of them are components of entity-level controls, so the correct answer is: All of the above are entity-level control.