Which component of the COSO Enterprise Risk Management Integrated Framework is concerned with understanding how transactions are initiated,data are captured and processed,and information is reported?
A) information and communication
B) internal environment
C) event identification
D) objective setting

Question

Quizplus · Accepted Answer

The information and communication component of the COSO ERM Integrated Framework is concerned with understanding how transactions are initiated, data are captured and processed, and information is reported. It encompasses the policies and procedures for communication and information sharing throughout the organization, as well as the systems used to capture and report data.

Which Component of the COSO Enterprise Risk Management Integrated Framework