Question

1. which element of internal control deals with establishing procedures for things such as handling of incoming checks, and which element deals with the oversight of the internal control systems?

Explanation:

The control - activities element of internal control involves establishing procedures for day - to - day tasks like handling incoming checks. The monitoring element deals with the oversight of the internal control systems to ensure they are functioning effectively.

Answer:

The element that deals with establishing procedures for handling incoming checks is control activities. The element that deals with the oversight of the internal control systems is monitoring.