The ERM Framework Is Comprised of Eight Components

question 78

Multiple Choice

The ERM framework is comprised of eight components. Which component includes the policies and procedures established and implemented to help ensure the risk responses are effectively carried out?

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

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Definitions:

White Families

Families identified or classifying themselves as belonging to the white racial group of people.

Maintained

Kept in an existing state or condition; preserved from failure or decline.

Acute Phase

The initial period following the onset of a disease or condition, characterized by severe, often intense symptoms.

Primary Emotions

Basic feelings that are universally recognized and experienced by all humans, such as happiness, sadness, fear, and anger.