Identify the Statement Below That Is Not True of the 2013

question 69

Multiple Choice

Identify the statement below that is not true of the 2013 COSO Internal Control updated framework.

• A)It more efficiently deals with control implementation and documentation issues.
• B)It more effectively deals with control implementation and documentation issues.
• C)It provides users with more precise guidance.
• D)It adds many new examples to clarify the framework concepts.

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Definitions:

Causes of Groupthink

Factors leading to a situation in group decision-making processes where the desire for harmony or conformity results in an irrational or dysfunctional decision outcome.

Cohesiveness

The quality of being united, integrated, or working together harmoniously as a group or team, enhancing collective efficacy and morale.

Biased Leadership

Leadership influenced by personal prejudice or favoritism towards certain people, ideas, or outcomes, potentially leading to unfair decision-making.

Groupthink

A situation in which the pursuit of agreement or uniformity within a group leads to choices that are unreasonable or not effective.