Question: Accounting 1 Question 1: Internal Control (7 marks) i) Describe at least 2 of the 3 primary objectives of internal control, as shown in the

Accounting 1 Accounting 1 Question 1: Internal Control (7 marks) i) Describe at

Question 1: Internal Control (7 marks) i) Describe at least 2 of the 3 primary objectives of internal control, as shown in the COSO Framework (2 marks) ii) In an "effective" internal control system, five components work to support the achievement of an entizy's mision, strategies and related business objectives. Describe these five components of the COSO Framework discussed in class as it relates to the objoctives of internal control discussed in part i) above. (5 marks) strategies and related business objectives

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