The organisation that issued the Internal Control, Integrated Framework which serves as the primary criterion for evaluating the quality of a company's internal control system is:
A) Accounting Professional and Ethical Standards Board (APESB)
B) Committee of Sponsoring Organizations (COSO)
C) Financial Reporting Council (FRC)
D) Australian Securities Exchange (ASX)

Question

Quizplus · Accepted Answer

The Committee of Sponsoring Organizations (COSO) issued the Internal Control, Integrated Framework, which is widely accepted as the standard for assessing and improving internal control systems.

The Organisation That Issued the Internal Control, Integrated Framework Which