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?

• A) Control Environment
• B) Risk Assessment
• C) Control Activities
• D) Monitoring

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Definitions:

Philip Zimbardo

A psychologist known for his research on social psychology, including the Stanford prison experiment.

Male College Volunteers

A specific demographic often used in psychological and medical research studies to understand behavior or test hypotheses.

Peripheral Route Persuasion

A method of persuasion that relies on superficial cues or aspects, such as the attractiveness of the speaker, rather than logical arguments.

Central Route Persuasion

A method of persuasion that involves deeply processing the content of a message, leading to long-lasting attitude change.