 COSO Internal Control Framework Components:

The five components are:

Control Environment

Risk Assessment

Control Activities

Information and Communication

Monitoring Activities

 Why C is Correct:

Independent oversight, while important in governance, is not explicitly listed as one of the five COSO components. It may relate to broader governance structures but is not a core component of the internal control framework.

 References:

COSO Internal Control–Integrated Framework​​.