The COSO enterprise risk management framework can be useful in:
A)Systems audits.
B)Investigative audits.
C)Both A and B.
D)Neither A nor B.

Question

Quizplus · Accepted Answer

The COSO enterprise risk management framework can be useful in both systems audits and investigative audits. It provides a comprehensive and structured approach to identifying, assessing, and managing risks across an organization. By using this framework, auditors can gain a better understanding of an organization's risk landscape and evaluate the effectiveness of its risk management processes. This can help them identify potential areas of concern and make recommendations for improvements.

The COSO Enterprise Risk Management Framework Can Be Useful In