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:

Empathy

The ability to understand and share the feelings of another, seeing things from their perspective and experiencing emotions that mirror theirs.

Psychoanalysis

A therapeutic approach developed by Freud, focusing on uncovering unconscious motives and conflicts to treat psychological disorders.

Insight Therapies

Psychological treatments that focus on increasing patients' understanding of themselves and their issues.

Behaviour Therapies

A broad range of techniques used to change maladaptive patterns of behavior through the application of learning principles.