Identify the statement below that is not true of the 2013 COSO Internal Control updated framework.
A)It more efficiently deals with control implementation and documentation issues.
B)It more effectively deals with control implementation and documentation issues.
C)It provides users with more precise guidance.
D)It adds many new examples to clarify the framework concepts.

Question

Quizplus · Accepted Answer

The 2013 COSO Internal Control updated framework is designed to more effectively deal with control implementation and documentation issues, provide more precise guidance, and add new examples to clarify concepts, rather than more efficiently dealing with these aspects. The focus is on effectiveness and clarity rather than efficiency.

Identify the Statement Below That Is Not True of the 2013