(Solved):   Which aspect of an entity and its environment would you most likely obtain an understandin ...

 

Which aspect of an entity and its environment would you most likely obtain an understanding of by reading public information about the entity such as entityissued press releases and materials for presentations to analysts and investor groups? 1. The entity's application controls over system generated reports. II. The entity's objectives, strategies and related business risks. III. The entity's measurement and analysis of its financial performance. IV. The entity's mapping of internal controls to COSO principles. I and II I and IV II and III III and IV