Within the COSO Internal Control—Integrated Framework, which of the following components is designed to ensure that internal controls continue to operate effectively?
a. Information and communication.
b. Control environment.
c. Risk assessment.
d. Monitoring.
Answer: D
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Corporate Governance
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- According to COSO, which of the following provides oversight of an entity's enterprise risk management?
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- According to COSO's Enterprise Risk Management Framework, which of the following is an essential element of the internal environment?
- The internal auditor who works in enterprise risk management (ERM) performs each of the following activities, except:
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- According to COSO, the four categories of entity objectives in the enterprise risk management framework include each of the following, except:
- The Enterprise Risk Management-Integrated Framework of the committee of sponsoring organizations (COSO) is best defined as a:
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- According to COSO, which of the following is a compliance objective?
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- A company that maintains a strong internal audit function that reports directly to the Board of Directors is applying the ideas from which principle of effective internal control over financial reporting?
- The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?
- Which of the following is not a goal of an Enterprise Risk Management Framework (ERM)?
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- Davis, a director of Active Corp., is entitled to:
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