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strength. b. Identify at least three internal control weaknesses in PEI's system. Explai each weakness and recommend a way to address it. 13. Terminology: Please match each item on the right with the best item a. 1977 legislation b. 2002 legislation 1. Business strategy risk 2. Foreign Corrupt Practices Act 3. Information and communicationc. A section of the COSO framework 4. Legal and regulatory 5. Liquidity 6. Reasonable assurance 7. Sarbanes-Oxley Act d. Internal control example e. A group that offers advice about interna control f. Organizational risk example g. Poor decision making related to market 8. Separation of duties 9. Systems 10. coSO competition h. Strategic risk category i. Type of financial risk j. What internal controls provide 14. Multiple choice questions. 1. Which of the following best explains the relationship between "monitoring" and "nli tion and communication" as the terms are used in the COSO Internal Control framewo a. Monitoring must be done by an individual, while information and communicatis be done by a group