Multiple Choice
Which of the following is TRUE regarding the Enterprise Risk Management (ERM) framework?
A) The ERM framework replaces the COSO internal control framework.
B) Proper identification of risk can help management properly allocate resources.
C) The COSO requested the assistance of Ernst and Young for development of the ERM.
D) All of the above are true statements regarding ERM.
Correct Answer:
Verified
Correct Answer:
Verified
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