Which of the following statements about enterprise risk management (ERM)is (are)true?
I.A goal of ERM is to have risks treated in compartmentalized silos.
II.There may be resistance to the implementation of an ERM program.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

Statement I is false because the goal of ERM is to integrate and manage risks across the entire organization, rather than compartmentalize them. Statement II is true because there may be resistance to change within an organization when implementing new programs or processes, such as ERM.

Which of the Following Statements About Enterprise Risk Management (ERM)is