The COSO enterprise risk management framework comprises eight sections, one of which is objective setting.COSO identified five types of objectives most organizations should consider in developing an ERM plan."Completing SEC filings within thirty days of the fiscal year end" is an example of a ___ objective.
A)Strategic
B)Reporting
C)Risk management
D)Control activity

Question

Quizplus · Accepted Answer

"Completing SEC filings within thirty days of the fiscal year end" is related to reporting, as it is a regulatory requirement and falls under the category of financial reporting objectives.

The COSO Enterprise Risk Management Framework Comprises Eight Sections, One