According to COSO a(n)____ is a process,effected by an entity's board of directors,management and other personnel,designed to provide reasonable assurance regarding the achievement of the objectives.
A) internal control
B) external control
C) audit
D) framework

Question

Quizplus · Accepted Answer

The definition given in the question perfectly fits the concept of internal control, which is a fundamental component of the COSO framework. Therefore, the correct option is A (internal control). Option B (external control) is not a recognized term, option C (audit) refers to a different activity, and option D (framework) is a broader concept that includes internal control.

According to COSO A(n)____ Is a Process,effected by an Entity's