Which of the Following Is Not True of the Concepts

question 27

Multiple Choice

Which of the following is not true of the concepts that are embodied in the COSO framework of internal control?

• A)Internal control relates to the organization's objectives.
• B)The six components of internal control are logically and operationally intertwined.
• C)Internal control applies across all activities of the organization.
• D)All of the above are important concepts

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Definitions:

Devil's Advocate

Someone who, for the sake of argument, adopts a position they do not necessarily agree with, in order to debate or explore the idea further.

Career Advice

Guidance or recommendations regarding professional development and strategies for career growth.

Mental Rehearses

The process of mentally practicing a task or envisioning a situation, often used as a technique to improve performance or prepare for specific scenarios.

Track Record

The accumulated history or performance data of an individual or entity, often indicating success or reliability over time.