Final answer:
Control activities are policies and procedures implemented by an organization to achieve its objectives and mitigate risks.
Step-by-step explanation:
Approvals, authorizations, verifications, reconciliations, reviews of operating performance, security procedures, supervision, audit trails, and segregation of duties are examples of control activities. Control activities are the policies and procedures implemented by an organization to ensure that its objectives are achieved and risks are mitigated. These control activities help in preventing errors, fraud, and misstatements and include activities such as approvals, reviews, security procedures, and segregation of duties.