Which of the following is true regarding the COSO enterprise risk management framework?
A) The framework categorizes an organization's objectives to distinct, non overlapping objectives.
B) Control environment is one of the framework's eight components.
C) The framework facilitates effective risk management, even if objectives have not been established.
D) The framework integrates with, but is not dependent upon, the corresponding internal control framework.

Question

Quizplus · Accepted Answer

The COSO ERM framework is designed to integrate with the internal control framework, but it is not dependent on it. It provides a comprehensive approach to risk management that complements internal controls.

Which of the Following Is True Regarding the COSO Enterprise