Which internal control framework is widely accepted as the authority on internal controls?
A)COBIT.
B)ISACA framework.
C)COSO Integrated Control.
D)Sarbanes-Oxley control framework.

Question

Quizplus · Accepted Answer

The COSO (Committee of Sponsoring Organizations of the Treadway Commission) Integrated Control framework is widely accepted as the authority on internal controls. It provides a comprehensive and flexible approach to designing, implementing, and evaluating internal controls. While COBIT and the ISACA framework are also important control frameworks, they are primarily focused on IT controls. The Sarbanes-Oxley (SOX) control framework is a regulatory framework specifically designed for publicly traded companies in the United States, and while it incorporates elements of the COSO framework, it is not considered the authority on internal controls more broadly.

Which Internal Control Framework Is Widely Accepted as the Authority