Which of the Following Is an Element of ERM

question 62

Multiple Choice

Which of the following is an element of ERM?

• A) Reducing operational surprises and losses
• B) Aligning risk appetite and whether fraud has occurred
• C) Control environment
• D) Audit risk assessment

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Definitions:

Miranda Warnings

A requirement for police in the United States to inform suspects of their rights, including the right to remain silent and the right to an attorney, before questioning them in custody.

Confession

A confession is a formal admission of guilt made by a person accused of a crime, typically provided to law enforcement officials.

Furman V. Georgia

A landmark Supreme Court case in 1972 that struck down all capital punishment laws in the U.S, leading to a temporary moratorium on the death penalty.

Two-Stage Trial

A legal process divided into two main phases: the determination of the defendant's guilt or innocence and, if found guilty, the subsequent sentencing phase.