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

question 73

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:

Sensory Nerve

Nerves that transmit sensory information from the body's periphery towards the central nervous system, enabling sensations like touch, pain, and temperature.

Olfactory

Relating to the sense of smell.

Hypoglossal Nerve

The twelfth cranial nerve, responsible for motor control of the tongue.

Olfactory Nerve

The first cranial nerve responsible for the sense of smell, transmitting sensory information from the nose to the brain.