According to the COSO Definition, Internal Control Should Address Objectives

question 5

Multiple Choice

According to the COSO definition, internal control should address objectives in all of the following categories except:

• A)Operations.
• B)Compliance.
• C)Reporting.
• D)Fraud.

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Definitions:

Subordinates

Employees or team members who are lower in rank or position and are under the direction of a manager or supervisor.

Stressors

External pressures or stimuli that can cause stress, affecting an individual's emotional and physical well-being.

Unpleasant Life Events

Events or occurrences in one's life that cause distress, discomfort, or unhappiness.

Positive and Negative Effects

Refers to the beneficial or harmful outcomes that result from actions, processes, or conditions, impacting various aspects of life or the environment.