Which Component of the ERM Framework Is Best Described Here

question 39

Multiple Choice

Which component of the ERM framework is best described here: Internal and external events affecting achievement of an entity's objectives must be identified, distinguishing between risks and opportunities. Opportunities are channeled back to management's strategy or objective-setting processes.

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

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Definitions:

Notes Pane

A section in presentation and document-editing software where users can add personal notes and reminders.

Texture Gallery

A collection of texture graphics or images that can be applied to the surface or background of a design element.

Texture Button

A UI element that simulates the feel or appearance of a physical texture, used to enhance user experience.

Transparency

The quality of being able to see through a material, or the level of opacity.