GRC - Governance, Risk & Compliance > HOPEX Internal Control > Managing Controls > Control Characteristics
Control Characteristics
 
General characteristics
Code
Key control
Status
Owner
Control nature
Execution mode
Operational cost
Description and Control objective
Control Overview
Identification
Dashboard
Responsibilities concerning Controls
Responsibility levels
Specifying control responsible users
Scope of a Control and Associated Risks
Regulatory and Business Policy Enforcement
Action Plans for Controls
Reports Related to Controls
Browsing a Control Environment
*To access controls, see Accessing Controls.
General characteristics
Code
The code enables unique identification of the control.
Key control
Enables to define whether the control is major or not.
Status
• Draft
• Validated
*Status must be entered manually.
Owner
The control owner is by default the control creator.
*The control owner has no particular task to perform.
Control nature
This characteristic allows you to specify the nature of the control. You can select from three main internal control types:
• Corrective
• Detective
• Preventive
Execution mode
This characteristic enables specification of how the control is carried out:
• "Automatic"
• "Manual"
• "Semi-automatic"
Operational cost
This characteristic enables indication of a control cost assessment.
Description and Control objective
You can enter a comment and/or text describing the objective in setting up the control.