Match the 5 components of the COSO framework 2 Control Activities Risk Assessment 4 Control Environment Monitoring 1 5 Information and Communication Match each of the options above to the items below. Sets the tone of the organization. Factors include the integrity, ethical values and competence of the entity's people. Process where management takes the steps necessary to identify risks, estimate their significance and likelihood and consider how to manage the risks. Specific actions that a client's management and employees take to help ensure that management's directives are carried out. The ongoing evaluations of controls that enables management to determine whether the other components of internal control continue to function over time. Also includes the reporting of control deficiencies in a timely manner to those parties responsible for taking corrective action. Includes the entity's systems that are relevant to financial reporting. Also includes report production and distribution