Nolwenn Limited has been diligent in ensuring that their operations meet modern control standards.Recently,they have extended their control compliance system by incorporating policies and procedures that require the specification of company objectives,uncertainties associated with objectives,and contingency plans.Nolwenn Limited is transitioning from a ________ to a ________ control framework.
A)COSO-Integrated Framework;COBIT
B)COBIT;COSO-Integrated Framework
C)COBIT;COSO-ERM
D)COSO-Integrated Framework;COSO-ERM
E)COSO-ERM;COBIT

Question

Quizplus · Accepted Answer

The question provides information on Nolwenn Limited's extension of control compliance system by incorporating policies and procedures that require the specification of company objectives, uncertainties associated with objectives, and contingency plans. Based on this information, Nolwenn Limited is transitioning from a COSO-Integrated Framework, which is primarily focused on internal controls, to a COSO-ERM, which is focused on the management of risks associated with achieving objectives. Therefore, the best choice is D, COSO-Integrated Framework to COSO-ERM.

Nolwenn Limited Has Been Diligent in Ensuring That Their Operations