Which of the following statements is true? a. Both the SEC and the PCAOB require the use of the COSO framework. b. Both the SEC and the PCAOB require the COBIT framework. c. The SEC recommends COBIT, and the PCAOB recommends COSO.d. Any framework can be used that encompass all of COSO’s general themes. e. Both c and d are true.
Which of the following statements is true? a. Both the SEC and the PCAOB require the use of the COSO framework. b. Both the SEC and the PCAOB require the COBIT framework. c. The SEC recommends COBIT, and the PCAOB recommends COSO.d. Any framework can be used that encompass all of COSO’s general themes. e. Both c and d are true.
Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter2: Ethics & Governance Scandals
Section: Chapter Questions
Problem 5Q
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Which of the following statements is true?
a. Both the SEC and the PCAOB require the use of the COSO framework.
b. Both the SEC and the PCAOB require the COBIT framework.
c. The SEC recommends COBIT, and the PCAOB recommends COSO.
d. Any framework can be used that encompass all of COSO’s general themes.
e. Both c and d are true.
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