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The COSO Principle That an Organization Should Identify and Assess

question 78

Multiple Choice

The COSO principle that an organization should identify and assess changes that significantly impact the system of internal control is related to which COSO component?


Definitions:

Settling Point

A theory suggesting that body weight is controlled by a complex set of genetic, metabolic, and environmental factors that determine an individual’s equilibrium weight.

Adipose Cells

Cells specialized in storing energy as fat, found throughout the body and necessary for insulation, cushioning of organs, and energy storage.

Restrained Eater

An individual who constantly monitors and restricts their food intake in an effort to maintain or lose weight.

Social Motives

are the underlying psychological forces that drive individuals to seek out and maintain relationships and interaction with others.

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