Which of the following is not true of internal control as defined by COSO?
A)It is narrower than internal control over financial reporting.
B)It is a process that includes all elements of internal control working together.
C)It includes all the people in the organization.
D)It starts at the top of the organization in setting a tone.

Question

Quizplus · Accepted Answer

Internal control as defined by COSO is broader than internal control over financial reporting, not narrower. The other choices are all true statements about internal control as defined by COSO.

Which of the Following Is Not True of Internal Control