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1.Out of the following which is not a component of COSO framework A. Control environment B. Risk assessment C. Information Technology D. Monitoring E. Control

1.Out of the following which is not a component of COSO framework

A. Control environment

B. Risk assessment

C. Information Technology

D. Monitoring

E. Control activities

2. Which of the following is a preventive control

A. credit check before approving a sale on account

B. bank reconciliation

C. physical inventory count

D. comparing the accounts receivable subsidiary ledger to the control account

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