Which of the following are components of the COSO enterprise risk management framework? 1. Objective setting. 2. External environment. 3. Data collection. 4. Control activities.
A) 1 and 3 only
B) 1 and 4 only
C) 2 and 3 only
D) 2 and 4 only

Question

Quizplus · Accepted Answer

Objective setting and control activities are components of the COSO ERM framework. External environment and data collection are not specifically listed as components.

Which of the Following Are Components of the COSO Enterprise