Posted by: Pdfprep
Post Date: November 23, 2020
Which of the following are risk components of the COSO ERM framework?
Each correct answer represents a complete solution. Choose three.
A . Risk response
B . Internal environment
C . Business continuity
D . Control activities
Answer: ABD
Explanation:
The risk components defined by the COSO ERM are internal environment, objective settings, event identification, risk assessment, risk response, control objectives, information and communication, and monitoring.
Incorrect Answers:
C: Business continuity is not considered as risk component within the ERM framework.
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