COSOsEnterprise Risk Management Framework (ERM) and its Internal Control Framework are significantly inter-related.Match the following elements of ERM and with its related element of internal control.

• Governance and Culture
• Performance Component
• Risk Reduction Responses
• Review and Revision
• Information, Communication, and Reporting

Prompts:

A. Existing Control Activities

B. Internal Control Environment

C. Monitoring of Internal Controls

D. Risk Assessment by Management

E. Information and Communication Systems