COSO Did Not Change Its Definition of Enterprise Risk Management

question 69

True/False

COSO did not change its definition of enterprise risk management when it released the 2017 COSO ERM Report.

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Definitions:

Particle Energy

The energy contained by a particle, contributed by its motion (kinetic), position (potential), or other properties.

Collision Theory

Collision theory explains how chemical reactions occur and why reaction rates differ for different reactions. It posits that for a reaction to occur, reactant particles must collide with sufficient energy and proper orientation.

Product Formation

The process in which chemical reactants transform into products in a chemical reaction.

Reactant Particles

Particles of substances that interact in a chemical reaction, leading to the formation of products.