Which COSO Component of Internal Control Concerns the Process of Identifying,capturing,and

question 77

Multiple Choice

Which COSO component of internal control concerns the process of identifying,capturing,and exchanging information in a timely fashion to enable accomplishment of the organization's objectives?

• A)Control activities.
• B)Information and communication.
• C)Monitoring.
• D)Control environment.

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Definitions:

Special Process

A specific or unique procedure employed to achieve a particular result, often used in manufacturing or legal contexts.

Pollution Control Laws

Regulations and statutes aimed at reducing or eliminating the release of pollutants into the environment.

Steel Castings

The process or product involved in pouring molten steel into molds to achieve specific shapes and properties once the steel cools and solidifies.

Polluting Gases

Gases released into the atmosphere that can cause harm to the environment and human health, including carbon dioxide and methane.