Which Component of the COSO Enterprise Risk Management Integrated Framework

question 31

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

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Definitions:

Origin of Religion

The historical and anthropological exploration into how and why religious beliefs and practices emerged among human societies.

Higher Power

A term often used in spiritual and religious contexts to refer to a supreme being, force, or entity that transcends human understanding and control.

Religious Authority

The power or right to govern, lead, or make decisions within a religious context, often held by leaders, texts, or institutions deemed sacred.

Relevant

Pertaining to the matter at hand; having significant and demonstrable bearing on the facts or issues.