Which of the Following Is True Regarding the COSO Enterprise

question 125

Multiple Choice

Which of the following is true regarding the COSO enterprise risk management framework?

• A) The framework categorizes an organization's objectives to distinct, non overlapping objectives.
• B) Control environment is one of the framework's eight components.
• C) The framework facilitates effective risk management, even if objectives have not been established.
• D) The framework integrates with, but is not dependent upon, the corresponding internal control framework.

---

Definitions:

Supply Chain

The entire system of producing and delivering a product or service, from the supplier of raw materials to the customer.

Logistics Management

The part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption.

Amazon

An American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence, one of the world's largest online retailers.

Fulfillment Centers

Large warehouses that process and ship orders for goods, playing a critical role in e-commerce and supply chain logistics.