For each COSO 17 Principles of internal control, give an example of what management should do to assure that Target stays in compliance with applicable laws and regulations. Then give an example of how an auditor will test for evidence that the objective of management is being met.

Component 1: Control Environment

1. Demonstrates commitment to integrity and ethical values
2. Exercises oversight responsibility
3. Establishes structure, authority, and responsibility
4. Demonstrates commitment to competence
5. Enforces accountability

Component 2: Risk Assessment

1. Specifies suitable objectives
2. Identifies and analyzes risk
3. Assesses fraud risk
4. Identifies and analyzes significant change

Component 3: Control Activities

1. Selects and develops control activities
2. Selects and develops general controls over technology
3. Deploys through policies and procedures

Component 4: Information & Communication

1. Uses relevant information
2. Communicates internally
3. Communicates externally

Component 5: Monitoring Activities

1. Conducts ongoing and/or separate evaluations
2. Evaluates and communicates deficiencies