Statement regarding coso framework

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Reference no: EM13126971

Which of the following statements about internal control is incorrect, based on the COSO framework?

a. Internal controls starts with a strong set of policies and procedures.

b. Risk assessment and control activities are two of the compoments of the COSO model. .

c. Internal control can be expected to provide only reasonable assurance that business objectives will be achieved.

d. Monitoring of a company's internal controls are acoomplished with ongoing supervision and independent reviews.

Reference no: EM13126971

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