Which of the Following Statements About Enterprise Risk Management Is

question 25

Multiple Choice

Which of the following statements about Enterprise Risk Management is incorrect?

• A) It deals with a limited number of techniques.
• B) It has expanded the responsibilities of the corporate risk manager.
• C) It deals with pure risks.
• D) It deals with speculative risks.

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Definitions:

Preponderance Of The Evidence

A legal standard that requires more than 50% of the evidence to support one side in a civil case.

Civil Case

A legal dispute between two or more parties in which compensation may be awarded to the victim as opposed to criminal sanctions.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

System Of Rules

A structured set of guidelines or principles designed to govern behavior or processes.