Segregation of duties is considered a part of the monitoring component of the COSO framework for internal control structure.

Question

Quizplus · Accepted Answer

Segregation of duties is part of the control activities component of the COSO framework, not the monitoring component. Control activities are the actions taken to mitigate risks to the achievement of objectives, and segregation of duties is a key control activity to prevent errors or fraud.

Segregation of Duties Is Considered a Part of the Monitoring