This Component of the ERM Framework Encompasses the Tone of an Organization

question 31

Multiple Choice

This component of the ERM framework encompasses the tone of an organization and sets the basis for how risk is viewed and addressed by an entity's people, including risk management philosophy and risk appetite, integrity and ethical values.

• A)control activities
• B)internal environment
• C)risk assessment
• D)risk response

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Definitions:

Bilingual Advantage

The cognitive benefits that come from being fluent in two languages, such as improved executive function and delayed onset of dementia.

Linguistic Determinism

The hypothesis that language shapes the way we think and determines what we can think about.

Procedural Memory

A type of long-term memory for how to perform different actions and skills, essentially how to do things.

Linguistic Determinism

The hypothesis that the structure of a language affects its speakers' world view or cognition, and thus people's perceptions are relative to their spoken language.