The COSO Framework indeed outlines a set of principles that serve as the foundation for its five components of internal control. However, it's important to note that the original 1992 framework had fewer principles. The updated version, the COSO Internal Control—Integrated Framework (2013), expanded and refined the principles to provide a more comprehensive guide. It identifies 17 principles across the five components: control environment, risk assessment, control activities, information and communication, and monitoring. These principles ensure a robust internal control system that supports reliable financial reporting and effective operations.