Question: Read each description below, and match each one to the COSO Framework component of internal control to which it most relates. You will use each
(1) A company develops and adheres to a set of control activities in order to mitigate risks. These activities include performing account reconciliations and establishing segregation of duties. (2) A company employs a team of internal auditors to perform ongoing evaluations of the control activities in place. (3) Acompany provides annual training to refresh-employees' knowledge on their responsibilities for performing internat control activities. (4) A company employs a Chief Risk Officer to identify and manage the risks of the organization. (5) A company's officers (CEO, CFO, CIO, etC.) set a tone at the top that demonstrates their commitment to integrity and ethical values. Grading Control Environment Risk Assessment Descript The Mod 6&7 fro Monitoring Activities Information and Communication Control Activities seletmatr
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