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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)
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 7CYBK: What are the components of internal control per COSO’s Internal Control—Integrated Framework? a....
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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. Control activities. O Information and communication. Control environment.
Transcribed Image Text: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. Control activities. O Information and communication. Control environment.
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