Cue Manufacturing Ltd is setting up its internal control system. As part of this process, the CEO hires an external consultancy firm to run a one- day training for the board of directors and top management to increase the awareness around the importance of controls. This would constitute which category of the COSO internal control framework? O Risk assessment. O Control activities. O Information and communication. O Control environment.

Cue Manufacturing Ltd is setting up its internal control system. As part of this process, the CEO hires an external consultancy firm to run a one- day training for the board of directors and top management to increase the awareness around the importance of controls. This would constitute which category of the COSO internal control framework? O Risk assessment. O Control activities. O Information and communication. O Control environment.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor

Section: Chapter Questions

Problem 12CYBK: Which one of the following components of internal control over financial reporting sets the tone for...

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