A Process, Effected by an Entity's Board of Directors, Management

question 7

Multiple Choice

A process, effected by an entity's board of directors, management and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is referred to as:

• A)Enterprise resource planning
• B)Enterprise risk management
• C)IT system control structure
• D)Corporate governance structure

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Definitions:

Labeled

The process of classifying or categorizing something based on certain characteristics or perceived attributes.

Deviant Behavior

Involves actions or behaviors that violate social norms, including formally enacted rules as well as informal violations of social norms.

Probation Officers

Officials responsible for supervising individuals sentenced to probation instead of or after serving time in prison, ensuring compliance with probation conditions.

Schemas

Mental structures or frameworks that organize and interpret information, influencing cognition and perception.