This Component of the ERM Framework Concerns the Entirety of Enterprise

question 44

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:

Acceptable Name

A common or trivial name for a chemical compound that is widely used and recognized, besides its systematic IUPAC name.

Chair Conformation

A specific three-dimensional geometric shape of cyclohexane that minimizes strain, resembling a chair, and is the most stable and common conformation due to its staggered arrangement of bonds.

Alternative Hypothesis

The hypothesis in a statistical test that proposes a difference or effect, contrasted with the null hypothesis.

Friedman Test

A statistical test that does not rely on parameter distributions to identify variations in treatments across several trials.