COSO Was a Private-Sector Initiative Started in the 1980s to Address

question 212

Multiple Choice

COSO was a private-sector initiative started in the 1980s to address the problem of fraudulent financial reporting. Problems continued to persist in the 1980s and the private sector was wary of additional government intervention, so all of the following five organizations banded together to form COSO please choose the correct option:

• A) American Institute of Certified Public Accountants
• B) Financial Executives Institute and American Accounting Association
• C) Institute of Management Accountants and the Institute of Internal Auditors
• D) All of the above

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