Column 1: COSO Ic Objectives or IC Components A. Operations B. Risk assessment* C. Monitoring D. Information and communication E. Compliance F. Control activities G. Control environment H. Reporting a peele work. In the following table, Column 1 Column 2: Controls Implemented For Firm ABC 1. The executive team meets quarterly to review all business risks (including the potential for fraud), implements risk responses; and manages risk, including making changes to the system of internal control. 2. The executive team meets each month to review the monthly financial statements and accounting ratios provided by the controller and approved by the CFO. The main objective of this review is to see whether the firm has met operational and financial performance goals. 3. The employee who performs bank reconciliations is someone other than the employees who handle cash and generate payments from the firm. 4. Management implemented a code of ethics, which includes policies on conflicts of interest. All employees, including executives, electronically sign an acknowledgment that they have read, understand, and agree to abide by the code. 5. Management implemented continuous monitoring over the call center to confirm that the call center answers the calls in a timely manner. 6. Strong