Which of the following is not a factor of internal environment according to the COSO Enterprise Risk Management Framework?
A) analyzing past financial performance and reporting
B) providing sufficient resources to knowledgeable employees to carry out duties
C) disciplining employees for violations of expected behavior
D) setting realistic targets for long-term performance

Question

Quizplus · Accepted Answer

Analyzing past financial performance and reporting is not considered an internal environment factor in the COSO ERM Framework. The internal environment typically includes elements like organizational culture, governance, and resource allocation.

Which of the Following Is Not a Factor of Internal