Monitoring is a major component of the COSO Internal Control-Integrated Framework. Which of the following is not correct in how the company can implement the monitoring component? Multiple Choice The independent auditor can serve as part of the entry's control environment and continuous monitoring. Monitoring can be conducted as a separate evaluation. Monitoring and other audt work conducted by imternal audt staff can reduce external audt costs. Monitoring can be an ongoing process. Prey 4 of 13 Next