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:

Prototype Matching Hypothesis

A theory suggesting that patterns of recognition are based on how closely stimuli match cognitive prototypes, or idealized examples, in memory.

Agentic

Pertaining to an agent or someone who acts; relating to actions that result from one's own choices and decisions, rather than external forces.

Least Preferred Co-Worker

A concept used to measure a leader's task or relationship orientation by assessing their feelings about their least preferred coworker.

Leadership Style

The patterns, methods, and behaviors used by an individual to influence, motivate, and direct others in a group or organization.