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:

Idiographic Goal

An approach that focuses on understanding the unique, individual aspects of a person's behavior and personality.

Personal Projects

Individual pursuits and activities that a person engages in, which reflect their goals, values, and interests.

Personal Strivings

Refers to individual goals or efforts directed towards achieving a significant personal ambition or standard.

Thematic Apperception Test

is a projective psychological test used to reveal a person's social drives or needs by their interpretation of a series of pictures of emotionally ambiguous situations.