The Definition of Internal Control Developed by the Committee of Sponsoring

question 32

Multiple Choice

The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to the reliability of internal and external reporting,the effectiveness and efficiency of operations,and:

• A)Compliance with applicable laws and regulations.
• B)Effectiveness of prevention of fraudulent occurrences.
• C)Safeguarding of entity equity.
• D)Incorporation of ethical business practice standards.

---

Definitions:

Anxiety

A sensation of apprehension or fear, often regarding an upcoming occurrence or a situation with an unpredictable result.

Self-Control

The capacity to manage one's feelings, thoughts, and actions when confronted with desires and sudden urges.

Mindfulness Meditation

A practice of paying deliberate attention to the present moment, often used as a technique to manage stress and enhance overall well-being.

Online Dating Sites

Platforms on the internet designed to facilitate romantic or sexual connections between individuals.