Senior management analyzes how moving assembly operations from Mississippi to Wisconsin may impact the risk...
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Senior management analyzes how moving assembly operations from Mississippi to Wisconsin may impact the risk related to reporting responsibilities, given the differences in state laws. This follows which COSO principle? Select answer from the options below Principle : The organization internally communicates information, including objectives and responsibilities for internal control, necessary to support the functioning of internal control. Principle : The organization deploys control activities through policies that establish what is expected and procedures that put policies into actions. Principle : The organization identifies risks to the achievement of its objectives across the entity and analyzes risk as a basis for determining how the risks should be managed. Principle : Management establishes, with board of directors oversight, structures, reporting lines, and appropriate authorities and responsibilities in the pursuit of objectives.
Senior management analyzes how moving assembly operations from Mississippi to Wisconsin may impact the risk related to reporting responsibilities, given the differences in state laws. This follows which COSO principle?
Select answer from the options below
Principle : The organization internally communicates information, including objectives and responsibilities for internal control, necessary to support the functioning of internal control.
Principle : The organization deploys control activities through policies that establish what is expected and procedures that put policies into actions.
Principle : The organization identifies risks to the achievement of its objectives across the entity and analyzes risk as a basis for determining how the risks should be managed.
Principle : Management establishes, with board of directors oversight, structures, reporting lines, and appropriate authorities and responsibilities in the pursuit of objectives.
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