Which Statement Is (Are)true with Respect to Enterprise Risk Management

question 16

Multiple Choice

Which statement is (are) true with respect to enterprise risk management programs?
I.They address traditional property,liability,and personnel loss exposures.
II.They do not address financial risks.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

---

Definitions:

Ratio

A quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.

F Table

A table used in statistics to determine the critical values of the F-distribution, often used in analysis of variance (ANOVA).

Level Of Significance

A threshold of probability set by the researcher to determine whether a hypothesis test results can be considered statistically significant.

Population Variances

A measure of the dispersion or spread of a population's data points from its mean, calculating how much the population figures vary.