Which Component of the ERM Framework Is Best Described Here

question 121

Multiple Choice

Which component of the ERM framework is best described here: Management selects whether to avoid, accept, reduce, or share risk - developing a set of actions to align risks with the entity's risk tolerances and risk appetite.

• A)control activities
• B)event identification
• C)risk assessment
• D)risk response

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Definitions:

Anorexia Nervosa

A serious mental health condition characterized by an eating disorder with an intense fear of gaining weight and a distorted body image.

Hospitalization

The process of admitting a person to a hospital for medical treatment, observation, or care.

Severe Consequences

Significant negative outcomes resulting from specific actions or inactions.

Chemical Imbalances

The theory suggesting that mental health issues may be due to the disruption or imbalance of certain chemicals or neurotransmitters in the brain.