16. A system developed by Committee of Sponsoring Organizations that serves as a framework to assist an organization or its governing body to evaluate and improve their firms prevention, detection, and management of risks

Group of answer choices

fiduciary obligation

Enterprise-Risk Management Integrated Framework

Organizational Environment

Sarbanes-Oxley Act

18. What makes insider-trading ethically wrong?

Group of answer choices

Because insider trading makes the market inefficient.

It undermines investor confidence in the fairness and integrity of the securities market.

Insider trading involves information that should never be disclosed to the public.

Insider trading always results in negative outcomes for all.