Question 3 1 pts What does Coso define as a process effected by an entity's board of directors, management, and other personnel, designed to provide reasonable assurance regarding the achievement of the objectives related to operations, reporting and compliance? Risk assessment Compliance Internal control o Reporting D Question 4 1 pts The control environment refers to both the financial statements of the client and the audit work being conducted speaks to the ability of the client to gain funding in capital markets sets the foundation for effective internal control, and provides discipline and structure o describes the auditor's system of internal control