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internal control and business information
You have learned that the internal control framework for most U.S. companies is the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control â€” Integrated Framework, which was issued in 1992.
Using the Library and other research tools, complete the following:
- Identify the Treadway Commission and discuss its origin, history, and purpose.
- List the 5 components of internal control as defined by COSO.
- Discuss at least 2â€“3 elements that are included in each component as it relates to Bovar Company.