The COSO Report Written for the Purpose of Assisting Managers

question 16

Multiple Choice

The COSO report written for the purpose of assisting managers in the challenge of managing risk in their organization is entitled:

• A)Internal Control -- Integrated Framework
• B)Enterprise Risk Management -- Integrated Framework
• C)Corporate Governance Guidance
• D)IT Governance Guidance

---

Definitions:

Security Returns

The gains or losses on an investment over a specific period, including dividends, interest, and capital gains, usually expressed as a percentage.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points or investment returns.

Arithmetic Return

The simple average of a series of periodic returns of an investment.

Investment

The action of allocating resources, usually money, with the expectation of generating an income or profit.