________ Is Not a Risk Responses Identified in the COSO

question 91

Multiple Choice

________ is not a risk responses identified in the COSO Enterprise Risk Management Framework.

• A) Acceptance
• B) Avoidance
• C) Monitoring
• D) Sharing

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Definitions:

Compounded Semi-Annually

Interest on an investment or loan that is calculated twice a year and then added to the principal, affecting the overall amount on which future interest is based.

Payment

A transfer of money or goods from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Compound Annual Return

The rate at which an investment grows annually over a specified period, taking into account the effect of compounding.

Diversified Canadian Equity Funds

Investment funds that spread their holdings across a wide range of Canadian stocks to mitigate risk and maximize returns.