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29. According to the 17 COSO control principles, addressing
control deficiencies primarily relates to which fundamental
component of internal control:
30. According to the 17 COSO control principles, change
management primarily relates to which fundamental component of
internal control:
31. According to the 17 COSO control principles, fraud primarily
relates to which fundamental component of internal control:
32. The original COSO model has _____ control components, while
the COSO ERM model has _____ control components.
33. Strategic, operations, reporting, and compliance objectives are a
part of which of the following models of internal control?
34. Which of the following items is one of the eight components of
COSO's enterprise risk management framework?
35. Which component of the COSO ERM framework is concerned
with management's decision to avoid, accept, reduce, or share risk
and to develop a set of actions to align risk with the entity's risk
preferences?
36. Activities that can be useful in monitoring control system
effectiveness include all of the following except
37. The goals of risk management include:
38. According to COSO, which of the following is the most effective
method to transmit a message of ethical behavior throughout an
organization?
39. Each of the following is a limitation of enterprise risk
management (ERM) except
40. Which of the following control activities should be taken to
reduce the risk of incorrect processing in a newly installed
computerized accounting system?