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On the first facet of the COSO Cube, three distinct but overlapping categories of control objectives are identified.

1. Operations
2. Financial Reporting; and
3. Compliance

The second facet of the COSO Cube consists of five control components that provide a framework for describing and analyzing an organization's internal control system. They are:

1. Control Environment
2. Risk Assessment
3. Control Activities
4. Information & Communication; and
5. Monitoring.

The third facet of the COSO Cube addresses organizational levels of responsibility.

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