Why was the original 1992 COSO - Integrated Control framework updated in 2013?

A) Congress required COSO to modernize.
B) U.S. stock exchanges required more disclosure.
C) to more effectively address technological advancements
D) to comply with International accounting standards

C

Business

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The Dow Jones Industrial Average (DJIA) includes 500 of the largest companies traded on U. S. exchanges

Indicate whether the statement is true or false.

Business

Which of the following financial statements is only required for nongovernment voluntary health and welfare organizations?

a. Statement of net assets b. Statement of activities c. Statement of cash flows d. Statement of functional expenses

Business