In which of the following COSO framework components are policies and procedures established?
A) Internal environment
B) Control activities
C) Information and communication
D) Objective setting

Question

Quizplus · Accepted Answer

Control activities are the policies and procedures that help ensure management directives are carried out. They are designed to address specific risks and help ensure that business objectives are achieved, including preventing or detecting errors or fraud.

In Which of the Following COSO Framework Components Are Policies