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Which of the following is the least accurate statement regarding concepts as defined by the COSO framework? a. Ethical values, risk assessment and monitoring are
Which of the following is the least accurate statement regarding concepts as defined by the COSO framework?
a. Ethical values, risk assessment and monitoring are part of a company's "control environment"
b. Everyone in an organization have some control duties or responsibilities.
c. Business objectives can be categorized into 3 groups-financial reporting, operational & compliance/regulatory.
d. Information and Communication are important components of internal control.
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