CPA MCQ Corporate Governance The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?

The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?

Corporate Governance

The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?

a. Enterprise risk management is entirely focused on risks and ignores opportunities.

b. Event identification occurs after the development of objectives.

c. Event identification occurs prior to development of objectives.

d. Events serve as the basis for establishing objectives and thus occur simultaneously with development of objectives.

Answer: B

CPA MCQ

The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?

The Enterprise Risk Management Integrated Framework states that an organization must identify events, both positive and negative, as part of its risk management program. Which of the following is true with regard to events?

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