26 (4 points) The COSO framework identifies eight interrelated parts in connection with the management processes of an organization. These include Internal Environment, which is: Question 26 options: Setting objectives; needed in order to later establish how negative events might affect achieving those objectives Identifying and communicating information in a timely manner so that the people within the organization can perform their responsibilities Establishing policies and procedures to ensure that risk responses are carried out Establishing a culture in a company that tolerates or even favors risk