Match the ERM Objective with the Appropriate Definition

question 101

Multiple Choice

Match the ERM Objective with the appropriate definition.
-Reporting objectives

• A)These objectives relate to the reliability of the enterprise's reporting, both internal and external.
• B)These objectives relate to the effective and efficient use of the entity's resources.
• C)These objectives relate to goals that support the entity's mission.
• D)These objectives relate to the entity's compliance with all applicable laws and regulations.

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Definitions:

Up-to-Date Information

The latest available data or knowledge about a particular subject, maintained through continuous updates.

Minimum Amount of Time

The shortest duration needed to complete a task or fulfill a requirement.

Federal Appeals Court Decision

A ruling made by a federal appellate court that reviews the decisions of lower courts, potentially setting legal precedents for future cases within its jurisdiction.

Supreme Court Decision

A final ruling issued by the highest court in a country or jurisdiction, which often serves as a binding authority on lower courts.