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Exam CFE - Fraud Prevention topic 1 question 13 discussion

Actual exam question from ACFE's CFE - Fraud Prevention
Question #: 13
Topic #: 1
[All CFE - Fraud Prevention Questions]

According to the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO) Internal Control-Integrated Framework (the Framework), there are five interrelated components of a company’s internal control. Which of the following is NOT among these five components?

  • A. Ethical culture
  • B. Control activities
  • C. Monitoring
  • D. Risk assessment
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Suggested Answer: A 🗳️

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raochavan
1 week, 5 days ago
Selected Answer: A
The COSO Internal Control – Integrated Framework identifies five interrelated components of internal control: 1. Control Environment 2. Risk Assessment 3. Control Activities 4. Information and Communication 5. Monitoring Activities
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