Exam (elaborations)
BEC 2024 Exam Questions & Answers 100% CORRECT
- Course
- Institution
BEC 2024 Exam Questions & Answers 100% CORRECT
[Show more]
Content preview
BEC 2024 Exam Questions & Answers100% CORRECT
COSO - ANSWERSCommittee of Sponsoring Organizations
COSO: ORC - ANSWERSOperating Reporting Compliance OBJECTIVES
COSO (CRIME) - ANSWERSControl Environment
Risk Assessment
Information and Communication
Monitoring Activities
Existing Control Activities
Internal control - ANSWERSIs a process that is designed & implemented by an organizations
management, board of directors, and other employees to provide reasonable assurance that the
organization will achieve its operating reporting & compliance objectives
Operation Objectives - ANSWERSeffectiveness and efficiency of the entity's operations, including
financial performance goals and safeguarding assets against loss
Reporting objectives - ANSWERS-focus of COSO
-pertain to the *reliability, timeliness, and transparency* of an entity's *external and internal financial
and non-financial reporting as established by regulators,* accounting standard setters, or the firm's
internal policies
compliance objectives - ANSWERSobjectives to help the company comply with all applicable laws and
regulations
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now