This Component of the ERM Framework Concerns the Entirety of Enterprise

question 141

Multiple Choice

This component of the ERM framework concerns the entirety of enterprise risk management and is accomplished through ongoing management activities, separate evaluations, or both.

• A)control activities
• B)monitoring
• C)objective setting
• D)risk response

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Definitions:

West Africa

A region in Africa that includes countries on the Atlantic coast, known for its diverse cultures, languages, and histories.

Deprivation

A lack or denial of something considered to be a necessity, leading to adverse effects on physical or psychological well-being.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Drive

An internal urge that motivates behavior towards fulfilling a need or achieving a goal.