Which of the Following Statements Is True Concerning the Recent

Multiple Choice

Which of the following statements is true concerning the recent financial crisis and enterprise risk management?

A) Because of enterprise risk management,no U.S.financial firms experienced losses.
B) Enterprise risk management had no influence on U.S.financial firms because they did not use enterprise risk management.
C) Some U.S.financial firms experienced losses in spite of having an enterprise risk management program.
D) Because of enterprise risk management,any losses U.S.financial firms experienced were reimbursed by the U.S.government.