Nolwenn Limited Has Been Diligent in Ensuring That Their Operations

question 101

Multiple Choice

Nolwenn Limited has been diligent in ensuring that their operations meet modern control standards.Recently,they have extended their control compliance system by incorporating policies and procedures that require the specification of company objectives,uncertainties associated with objectives,and contingency plans.Nolwenn Limited is transitioning from a ________ to a ________ control framework.

• A)COSO-Integrated Framework;COBIT
• B)COBIT;COSO-Integrated Framework
• C)COBIT;COSO-ERM
• D)COSO-Integrated Framework;COSO-ERM
• E)COSO-ERM;COBIT

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Definitions:

Manufacturers

Entities involved in the process of producing goods from raw materials through various means, such as machinery, labor, and assembly processes.

Retailers

Businesses that sell goods directly to consumers through various channels, including stores, online platforms, and through mail.

Retailing

The process of selling consumer goods or services directly to customers through multiple channels of distribution in order to earn a profit.

Business Activities

The tasks and actions that companies undertake to provide goods or services, generate revenue, and achieve their objectives.