Sylla and Wen suggested a three-stage process for evaluating information technology investments.Which step in the process is most closely aligned with the "internal environment" component of the COSO internal control and enterprise risk management frameworks?
A)Step 1
B)Step 2
C)Step 3
D)None of these; there is no relationship between the Sylla and Wen process and the COSO frameworks.

Question

Quizplus · Accepted Answer

Step 1 of the Sylla and Wen process for evaluating information technology investments is most closely aligned with the "internal environment" component of the COSO frameworks. This step involves assessing the internal and external environment to understand the context in which the investment decision is made, mirroring the emphasis on the internal environment in COSO's approach to internal control and risk management.

Sylla and Wen Suggested a Three-Stage Process for Evaluating Information