Which component of the COSO Enterprise Risk Management Integrated Framework is concerned with understanding how transactions are initiated,data are captured and processed,and information is reported?
A)Information and communication.
B)Internal environment.
C)Event identification.
D)Objective setting.

Question

Quizplus · Accepted Answer

The Information and communication component of the COSO Enterprise Risk Management Integrated Framework is concerned with understanding how transactions are initiated, data are captured and processed, and information is reported. This component focuses on ensuring that information is accurate, complete, and timely, and that it flows properly throughout the organization.

Which Component of the COSO Enterprise Risk Management Integrated Framework