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According to the COSO Report, There Are Five Different Interrelated

question 91

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According to the COSO report, there are five different interrelated components of internal control.Which of the following is not one of those five components?

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Definitions:

HR Management

HR Management (Human Resources Management) involves the strategic approach to the effective management of people in an organization, focusing on policies and systems to maximize employee performance.

Operations Management

The administration of business practices to create the highest level of efficiency possible within an organization, focusing on converting materials and labor into goods and services.

ERP

Enterprise Resource Planning (ERP) systems integrate main business processes, facilitating the flow of information within an organization to manage complexities and increase efficiency.

Flexibility

The ability of a system or process to adapt or adjust to changing conditions or needs.

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