The framework of COSO Enterprise Risk Management is to
A) Incorporate enhanced internal control principles into enhanced corporate governance
B) Incorporate enhanced audit sampling procedures in the testing of internal controls
C) Incorporate enhanced corporate governance into internal control principles
D) Incorporate enhanced audit sampling procedures in substantive testing

Question

Quizplus · Accepted Answer

The framework of COSO Enterprise Risk Management is designed to incorporate enhanced corporate governance into internal control principles, with the goal of improving overall organizational performance and reducing the risk of adverse events. While audit sampling procedures and substantive testing are important components of effective internal controls, they are not the primary focus of the COSO ERM framework.

The Framework of COSO Enterprise Risk Management Is to