2024 BEC Mnemonics Exam Questions & Answers
O in ORC - ANSWERSoperations
R in ORC - ANSWERSreporting
C in ORC - ANSWERScompliance
C in CRIME - ANSWERScontrol environment
R in CRIME - ANSWERSrisk assessment
I in CRIME - ANSWERSinformation and communication
M in CRIME - ANSWERS...
B in EBOCA - ANSWERSboard independence and oversight
O in EBOCA - ANSWERSorganizational structure
C in EBOCA - ANSWERScompetence
, A in EBOCA - ANSWERSaccountability
S in SAFR - ANSWERSspecify objectives
A in SAFR - ANSWERSassess changes
F in SAFR - ANSWERSfraud consideration
R in SAFR - ANSWERSrisk analysis
O in OIE - ANSWERSobtain and use information
I in OIE - ANSWERSinternal communication
E in OIE - ANSWERSexternal communication
SO in SOD - ANSWERSseparate and ongoing evaluations
D in SOD - ANSWERSdeficiency communications
CA in CATP - ANSWERScontrol activity selection
T in CATP - ANSWERStechnology selection
P in CATP - ANSWERSpolicies and procedures
What is the CRIME mnemonic for - ANSWERSthe components of internal control
What is the ORC mnemonic for - ANSWERSthe objectives of internal control
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