Answer with reference to COSO framework, as given in PDF under Course material. As you read COSO, you will notice that it has several components, starting with Internal environment. In turn, this has sub components, such as Integrity and ethics. Then there are sub sub components, such as IT Governance has a few. You need to identify each COSO component/sub component relevant to the case and select the respective ‘row’ in format. Then, write about the relevant internal control weakness.

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Components of internal control Internal control consists of five integrated components 1 Control Environment The control environment is the set of standards processes and structures that provide the b... View the full answer