Which Component of COSO's Internal Control System Concerns the Process

question 65

Multiple Choice

Which component of COSO's internal control system concerns the process that provides feedback on the effectiveness of the other four components of internal control?

• A)Information and communication.
• B)Monitoring.
• C)Control activities.
• D)Risk assessment.

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Definitions:

Psychoanalytic Theorist

A psychologist or psychiatrist who applies the theories of psychoanalysis in research or patient treatment, often focusing on how unconscious motives influence behavior.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of mental disorders published by the American Psychiatric Association.

Disorder

A disruption to regular bodily structures or functions, often leading to symptoms or disabilities.

Young Child

A child in the early stages of life, typically before entering full-time education.