Which of the Following Is Not Included as a Components

question 59

Multiple Choice

Which of the following is not included as a components of an organization's internal control structure in the COSO framework?

• A) Control risk.
• B) The control environment.
• C) Risk assessment.
• D) Control activities.

---

Definitions:

Unanticipated Inflation

Inflation that occurs when people do not expect it, leading to negative impacts on savings and purchasing power.

Disinflation

A slowdown in the rate of increase of the general price level of goods and services over time.

Structural Unemployment

A situation in which there is a mismatch between the skills of unemployed workers and the skills needed for available jobs.

Cyclical Unemployment

This type of unemployment fluctuates with the business cycle, increasing during economic downturns and decreasing during periods of economic growth.