According to COSO which of the following is not a component of internal control?
A)Control risk.
B)Control activities.
C)Monitoring.
D)Control environment.

Question

Quizplus · Accepted Answer

Control risk is not a component of internal control according to COSO. The five essential components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.

According to COSO Which of the Following Is Not a Component