Which of the Following Is an Element of ERM

question 62

Multiple Choice

Which of the following is an element of ERM?

• A) Reducing operational surprises and losses
• B) Aligning risk appetite and whether fraud has occurred
• C) Control environment
• D) Audit risk assessment

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Definitions:

Overgrazing

The degradation of vegetation due to excessive eating by livestock.

Domestic Animals

Animals that have been selectively bred and adapted over generations to live in close association with humans.

Savannas

Grassland ecosystems characterized by sparse tree coverage, found in regions bordering tropical rainforests or in semi-arid climates.

Desert Plants

Desert plants, also known as xerophytes, are adapted to survive in arid environments through features like thick cuticles, deep roots, and reduced leaf surfaces.