M4

Question 1

COSO

Answer 1

Committee of Sponsoring Organizations

Question 2

CRIME

Answer 2

Control Environment
Risk assessment by mgmt
Information and communication systems
Monitoring
(Existing) Control activities

Question 3

EBOCA Control Environment

Answer 3

-Control Environment

Ethics
Board independence
Organization structure
Competence
Accountability

Question 4

SAFR Risk Management

Answer 4

Risk Management

Specify objectives
Assess changes in the business
Fraud potential
Risk analysis

Question 5

OIE Information and communication

Answer 5

Information and communication

Obtain and use information
Internally communicate that information
External communication

Question 6

SOD Monitoring activities

Answer 6

Monitoring activities

Separate and Ongoing evaluations
Deficiency communication

Question 7

CA TP Control activity development

Answer 7

Control activity development
Technology controls
Policy deployment

Question 8

ORC

Answer 8

Operations, Reporting, Compliance

Question 9

ARC

Answer 9

Authorization,record keeping, custody should be segragated activities