According to the ERM,high Level Goals That Are Aligned with and Support

question 51

Multiple Choice

According to the ERM,high level goals that are aligned with and support the company's mission are

• A) compliance objectives.
• B) operations objectives.
• C) reporting objectives.
• D) strategic objectives.

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Definitions:

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Earnings Rate

The rate at which an individual or corporation is taxed or the speed at which an investment grows.

Present Value Index

A ratio used in capital budgeting to evaluate the profitability of investments by comparing the present value of future cash flows to the initial investment cost.

Compound Interest

Interest that is computed on both the initial amount of the deposit or loan and on the interest that has been added to that principal over past periods.