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

question 125

Multiple Choice

A process, effected by an entity's board of directors, management and other personnel, applied in strategy settings and across the enterprise, designed to identify potential events that may effect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is:

• A) enterprise risk management
• B) internal control
• C) organizational governance
• D) risk assessment

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Definitions:

Social Media Contest

A promotional strategy used on social media platforms involving competitions or giveaways to engage users and increase brand exposure.

Target Audience

The specific demographic of people identified as the intended recipients of a marketing message, product, or campaign.

Transparency

The quality of being open and honest, providing accessible and clear information to stakeholders.

Authenticity

The quality of being genuine, real, and true, especially in relation to self-expression and the creation of trust.