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List the Fundamental Concepts That Are Embodied in the Definition

Question 33

Essay

List the fundamental concepts that are embodied in the definition of internal control as per the COSO report:
…a process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting and compliance.

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blured imageInternal control is a process.It is a me...

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