US CMA Part 1 · Chapter 5 · Question 2 of 23
Management's integrity, ethical values and 'tone at the top' are part of which COSO internal control component?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Control environment
Explanation
The control environment is the foundation of internal control and includes the organization's commitment to integrity and ethical values, board oversight, organizational structure, commitment to competence and accountability.
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