Which of the following is not one of the eight interrelated risk and control components of COSO Enterprise Risk Management Framework?
A) Internal environment
B) Monitoring
C) Risk response
D) Event assessment

Question

Quizplus · Accepted Answer

The eight interrelated risk and control components of COSO Enterprise Risk Management Framework are: (1) Internal environment, (2) Objective setting, (3) Event identification, (4) Risk assessment, (5) Risk response, (6) Control activities, (7) Information and communication, and (8) Monitoring. Event assessment is not one of the components listed in COSO ERM Framework.

Which of the Following Is Not One of the Eight