The COSO Internal Control Framework consists of five Internal Control Components and 17 Principles for achieving effective internal control. Which of the following is an internal control component?
a) Monitoring Activities.
b) Commitment to Integrity and Ethical Value.
c) Segregation of Duties.
d) Process Level Controls.
Ans: a) Monitoring Activities.
Business
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Network effects refer to the ability of a product to fit into a new system
Indicate whether the statement is true or false
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