Which of the following COSO framework components encompasses the tone of the organization?
A) Internal environment
B) Event identification
C) Objective setting
D) Control activities

Question

Quizplus · Accepted Answer

The internal environment component of the COSO framework encompasses the tone of the organization, reflecting the overall attitude, awareness, and actions concerning the internal control system and its importance to the entity. This includes the organizational culture, philosophy, and operating style.

Which of the Following COSO Framework Components Encompasses the Tone