The largest differences between the COSO Integrated Control (IC) framework and the COSO Enterprise Risk Management (ERM) framework is
A) IC is controls-based, while the ERM is risk-based.
B) IC is risk-based, while ERM is controls-based.
C) IC is required, while ERM is optional.
D) IC is more applicable to international accounting standards, while ERM is more applicable to generally accepted accounting principles.
Answer: A
Business
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