Which of the Following Is NOT a Component of the COSO

question 7

Multiple Choice

Which of the following is NOT a component of the COSO Enterprise Risk Framework?

• A)Risk assessment
• B)Risk review
• C)Internal environment
• D)Information and communication
• E)Control activities

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Definitions:

Specific Culture

refers to the unique set of beliefs, values, customs, and practices that characterizes an organization, region, or group.

Geert Hofstede

A Dutch social psychologist known for his research on the interactions between national cultures and organizational cultures.

Management Techniques

These are methods, strategies, and practices used by leaders to administer and control organizational resources effectively to achieve desired outcomes.

U.S.

The United States, a federal republic in North America, composed of 50 states, a federal district, five major self-governing territories, and various possessions.