According to the COSO Definition, Internal Control Should Address Objectives

question 59

Multiple Choice

According to the COSO definition, internal control should address objectives in all of the following categories except:

• A)Company operations.
• B)Legal matters.
• C)External reporting.
• D)Fraud.

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Definitions:

One Child Policy

A former birth control policy of China aimed at controlling the population by limiting families to only one child with few exceptions.

Human Resource Problems

Issues related to the management of employees within an organization, including recruitment, employment, and retention.

Developing Nations

Countries with lower levels of industrialization, lower standards of living, and lower Human Development Index (HDI) ratings compared to more industrialized nations.