Which of the following is the common name for Internal Control: Guidance for Directors on the Combined Code?
A. CoCo.
B. The Turnbull Report.
C. COSO.
D. COBIT.
Answer (B) is correct.
One of the three most recognized internal control frameworks is Internal Control: Guidance for Directors on the Combined Code. It is commonly known as the Turnbull Report and was issued by the Institute of Chartered Accountants in England and Wales.