Which of the Following Is Not a Basic Principle of the COSO

question 125

Multiple Choice

Which of the following is not a basic principle of the COSO ERM framework?

• A)Companies are formed to create value for society.
• B)Management must decide how much uncertainty it will accept to create value.
• C)Uncertainty results in risk.
• D)Uncertainty results in opportunity.

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Definitions:

Quantitative Studies

Research methods focusing on numerical data to quantify relationships, patterns, or trends.

Process Variables

Factors within a study that can affect the outcome and are monitored or measured to understand the process being investigated.

Counseling Outcomes

The effects or results of counseling sessions, including improvements in mental health, coping strategies, and overall well-being of clients.

Correlational Designs

Research designs that examine the relationship between two or more variables without manipulating them, to determine if a relationship exists.