The COSO Enterprise Risk Management Framework Comprises Eight Sections, One

question 58

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."Completing SEC filings within thirty days of the fiscal year end" is an example of a ___ objective.

• A)Strategic
• B)Reporting
• C)Risk management
• D)Control activity

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Definitions:

GI Joe Action Figure

A popular line of military-themed action figures produced by Hasbro, initially released in the 1960s.

Neurofeedback

A training process that aims to teach an individual to control brain functions using real-time displays of brain activity.

Biofeedback

A technique that teaches individuals to control bodily processes that are normally involuntary, such as heart rate, through monitoring.

Brain Wave Activity

Oscillations of electrical potentials in the brain, measurable with electroencephalography, reflecting different states of brain function or consciousness.