Which Component of the COSO Enterprise Risk Management Integrated Framework

question 51

Multiple Choice

Which component of the COSO Enterprise Risk Management Integrated Framework is concerned with understanding how transactions are initiated,data are captured and processed,and information is reported?

• A)Information and communication.
• B)Internal environment.
• C)Event identification.
• D)Objective setting.

---

Definitions:

False Imprisonment

The unlawful restraint of a person's freedom of movement, without consent or legal justification.

Probable Cause

A legal standard that refers to the requirement in criminal law that allows police to make an arrest, conduct a search, or seize property when there are reasonable grounds to believe a crime has been or is being committed.

Shopkeeper's Statute

refers to laws that give retail merchants or their employees the authority to detain suspected shoplifters under certain conditions.

Trespass to Land

An unauthorized physical intrusion onto someone else's property.