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.

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Definitions:

Benefits

Advantages or favorable outcomes derived from a specific action, policy, or product.

Durable Power

A legal document that grants someone the authority to make decisions on another's behalf, typically in health care or financial matters, and remains in effect if the person becomes incapacitated.

Living Wills

Legal documents that express an individual's wishes regarding medical treatment in situations where they are unable to communicate their preferences.

Attorneys

Licensed legal professionals authorized to represent and advise clients in legal matters.