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The internal environment is a critical component of COSO's enterprise risk management (ERM) framework and its internal control (IC) framework.It is called the Governance and
The internal environment is a critical component of COSO's enterprise risk management (ERM) framework and its internal control (IC) framework.It is called the Governance and Culture component in the ERM framework and the Control Environment component in the IC framework.
1.Briefly describe why the internal environment component of COSO's enterprise risk management framework and its internal control framework sets the "tone at the top" for an organization.
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