Good Morning,

I was wondering if someone can help me to answer this question: I have to apply the COSO-Control Environment step that is listed below to the case: "Corporate Governance at Martha Stewart Living Omnimedia: Not "A Good Thing."

The COSO - Control Enviroment step: Control Environment

1. The organization demonstrates a commitment to integrity and ethical values.

2. The board of directors demonstrates independence from management and exercises oversight of the development and performance of internal control.

3. Management establishes, with board oversight, structures, reporting lines, and appropriate authorities and responsibilities in the pursuit of objectives.

4. The organization demonstrates a commitment to attract, develop, and retain competent individuals in alignment with objectives.

5. The organization holds individuals accountable for their internal control responsibilities in the pursuit of objectives.

Thank you very much.