Which of the Following Definitions Best Describes Enterprise Risk Management

question 99

Multiple Choice

Which of the following definitions best describes enterprise risk management?

• A) Enterprise risk management is narrower than internal control and focuses on managing the risk of loss resulting from external events.
• B) Enterprise risk management is narrower than internal control and focuses on risk mitigation strategies across the enterprise.
• C) Enterprise risk management is broader than internal control and focuses on risk identification and management, and assurance that business objectives will be met.
• D) Enterprise risk management is broader than governance and internal control, and focuses on activities designed to ensure that risks are contained at a level acceptable to the enterprise.

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Definitions:

Home Headquarters

The primary operational location or main office of a company, usually where key decisions are made.

Trainability

The capacity of an individual to learn new skills or adapt to new conditions and tasks through training.

Desired Level

The specific goal or benchmark that an individual or organization aims to achieve within a certain timeframe.

Third-Country Nationals

Individuals who are working in a country other than their own and the home country of the company they work for.