According to the COSO report, there are five different interrelated components of internal control.Which of the following is not one of those five components?
A)Code of Ethics
B)Control Environment
C)Information and Communication
D)Monitoring

Question

Quizplus · Accepted Answer

The five components of internal control identified by COSO are Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring. Code of Ethics is not included as a separate component, but it is an important part of the overall control environment.

According to the COSO Report, There Are Five Different Interrelated