Which of the following is not one of the reasons COSO developed the more comprehensive ERM framework?
A)The internal control framework has too narrow a focus.
B)Long-standing internal control systems often have controls that protect against items that are no longer risks.
C)Risk should be evaluated first,before controls.
D)The Sarbanes-Oxley Act of 2002 required it.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 did not require the development of the more comprehensive ERM framework by COSO. The other options were reasons for the development of the framework.

Which of the Following Is Not One of the Reasons