The COSO Enterprise Risk Management Framework Comprises Eight Sections, One

question 16

Multiple Choice

The COSO enterprise risk management framework comprises eight sections, one of which is objective setting.COSO identified five types of objectives most organizations should consider in developing an ERM plan."Ensuring that the corporation fulfills the requirements of the Sarbanes-Oxley Act" is an example of a ___ objective.

• A)Strategic
• B)Reporting
• C)Compliance
• D)Risk management

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Definitions:

Placement

The process of assigning a specific position or location to someone or something, often relating to employment or education.

Potential Applicants

Individuals who possess the qualifications or interest to apply for a given job but have not yet applied.

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A message to promote or sell a product, a service, or an idea.

Recruitment Success

The effectiveness and efficiency of the recruitment process, measured by the quality and fit of the new hires and the time and cost involved.