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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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