The overall attitude and awareness of a firm's top management and board of directors concerning the importance of internal control is often reflected in its:

Multiple Choice

• System of segregation of duties.

• Safeguards over access to assets.

• Computer-based controls.

• Control environment.

Which of the following is not one of the responses to risk presented in COSO ERM?

Multiple Choice

• Share the risk.

• Eliminate the risk.

• Accept the risk.

• Reduce the risk.