Essay on Tottenham Hotspur

11778 Words Dec 15th, 2013 48 Pages
Chapter 7
1. A process by which organizations select objectives, establish processes to achieve objectives, and monitor performance is
|a. |enterprise risk management |
|b. |internal control |
|c. |organizational governance |
|d. |risk assessment |

ANS: C

2. A process, effected by an entity’s board of directors, management and other
…show more content…
|fraud |
|d. |exposure |

ANS: C

4. The ERM framework addresses four categories of management objectives. Which category concerns high-level goals, aligned with and supporting its mission?
|a. |compliance |
|b. |operations |
|c. |reporting |
|d. |strategic |

ANS: D

5. The ERM framework addresses four categories of management objectives. Which category addresses the effective and efficient use of resources?
|a. |compliance |
|b. |operations |
|c.

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