The 2013 COSO Report Identifies Five Components for an Effective

question 1

Multiple Choice

The 2013 COSO Report identifies five components for an effective internal control system.Which of those five establishes the tone of a company and influences the control awareness of the company's employees?

• A)Control procedures
• B)Control environment
• C)Control activities
• D)Information and communication

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Definitions:

Linear Programming

A technique for mathematical modeling that aims to find the optimal result within a mathematical model characterized by linear relationships.

Constraints

Limitations or restrictions that affect the planning and execution of projects, strategies, or processes.

Graphical Origin

The point on a graph where the x-axis and y-axis intersect, typically representing the zero point for both axes.

Feasible Region

In optimization problems, the set of all possible points that satisfy the constraints, representing solutions that meet the problem's criteria.