In a Conversation About Risk Management, Miguel and Rafaela Produced

question 1

Multiple Choice

In a conversation about risk management, Miguel and Rafaela produced a ranked list of their company's risk exposures.The ranked list is most closely related to which element of the COSO framework?

• A)Information and communication
• B)Risk assessment
• C)Risk response
• D)Monitoring

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Definitions:

Dutch Reformed Church

A Protestant denomination that originated in the Netherlands during the Reformation and established congregations in North America, especially among Dutch immigrant communities.

Religious Freedom

The right of individuals and communities to practice their religion without government interference or discrimination.

New Netherland

A 17th-century colonial province of the Dutch Republic that included parts of what are now New York, New Jersey, Delaware, and Connecticut.

Petrus Stuyvesant

The last Dutch Director-General of the colony of New Netherland until it was ceded to the English in 1664, known for his efforts to strengthen the colony's defenses and manage relations with Native Americans.