Match the ERM Objective with the Appropriate Definition

question 106

Multiple Choice

Match the ERM Objective with the appropriate definition.
-Operational 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:

Mastery Orientation

A learning orientation characterized by a focus on gaining new knowledge or abilities and improving.

Performance Orientation

A learning orientation characterized by a focus on presenting oneself well and appearing intelligent to others.

Prudence

The quality of being careful, thoughtful, or wise in practical affairs or decision-making.

Fear of Failure

The persistent anxiety or aversion to the possibility of failing, which can inhibit one's willingness to take risks or attempt certain tasks.