Which Component of COSO's Internal Control System Concerns the Process

question 65

Multiple Choice

Which component of COSO's internal control system concerns the process that provides feedback on the effectiveness of the other four components of internal control?

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

---

Definitions:

Personality Psychologist

A professional who studies how individual traits and patterns of thought, emotion, and behavior form personalities.

Developmental Psychologist

A professional who studies how and why humans grow and change over the course of their life.

Cognitive Psychology

A field within psychology focused on studying cognitive functions such as thinking, perceiving, memory, and learning.

Thinking

The mental manipulation of representations of information we encounter in our environments.