Concepts as defined by the coso framework

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Which of the following is the least accurate statement regarding concepts as defined by the COSO framework?

a. Ethical values, delegation of authority and monitoring are part of a company's control environment

b. Control activities occur at two levels within an organization: Entity-wide and process level

c. Business objectives can be categorized into 3 groups-financial, operational & compliance

d. Monitoring occurs in two ways: ongoing activities and separate evaluation

Reference no: EM13128148

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