Which GAO standard is primarily concerned with ensuring information is communicated throughout the organization to support decision making?

Which GAO standard is primarily concerned with ensuring information is communicated throughout the organization to support decision making?

• A. Control Environment
• B. Risk Assessment
• C. Information and Communication
• D. Monitoring

Answer: (C)

The concept here is how information should flow to support decision making within an organization. In GAO’s internal control framework, this is addressed by the Information and Communication component. It ensures that relevant information is identified, captured, and communicated in a timely manner so managers and other stakeholders have what they need to make informed decisions. This covers communication up, down, and across the organization, as well as with external parties when appropriate. The other components—control environment (tone and culture), risk assessment (identifying and analyzing risks), and monitoring (ongoing evaluation)—focus on different aspects of internal control, not the ongoing flow of information to decision makers.

The concept here is how information should flow to support decision making within an organization. In GAO’s internal control framework, this is addressed by the Information and Communication component. It ensures that relevant information is identified, captured, and communicated in a timely manner so managers and other stakeholders have what they need to make informed decisions. This covers communication up, down, and across the organization, as well as with external parties when appropriate. The other components—control environment (tone and culture), risk assessment (identifying and analyzing risks), and monitoring (ongoing evaluation)—focus on different aspects of internal control, not the ongoing flow of information to decision makers.