Monitoring is one of the five components of the COSO internal control framework.

Name: Monitoring is one of the five components of the COSO internal control framework.
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Quizplus · Accepted Answer

Monitoring is indeed one of the five components of the COSO internal control framework, along with control environment, risk assessment, control activities, and information and communication. Monitoring involves ongoing assessment of the adequacy and effectiveness of internal controls and making necessary adjustments as needed.

Monitoring Is One of the Five Components of the COSO