According to the COSO framework, which of the following is not a principle of internal control?
A) Management's philosophy and operating style.
B) Human resource policies and practices.
C) Integrity and ethical values.
D) Risk assessment.

Question

Quizplus · Accepted Answer

Risk assessment is a component of the COSO framework, not a principle of internal control. The principles are related to control environment, risk assessment, control activities, information and communication, and monitoring activities.

According to the COSO Framework, Which of the Following Is