Question

Which of the following is not a component of the COSO internal control framework?


Which of the following is not a component of the COSO internal control framework? 

  • Risk Assessment 

  • Control Activities 

  • The control environment 

  • Reporting  

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Answer #1

Answer- The following is not a component of the COSO internal control framework= Reporting.

Explanation- The five components of the COSO internal control framework are as follows-

1)- Control Environment

2)- Risk Assessment

3)- Information and Communication

4)- Monitoring Activities

5)- Existing Control Activities

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