____ is defined as "the culture, capabilities, and practices, integrated with strategy and execution, that organizations rely on to manage risk in creating, preserving and realizing value."
A)Control environment
B)Risk culture
C)Internal control
D)Enterprise risk management

Question

Quizplus · Accepted Answer

Enterprise risk management (ERM) is defined as the culture, capabilities, and practices, integrated with strategy and execution, that organizations rely on to manage risk in creating, preserving, and realizing value. This definition emphasizes the comprehensive approach of ERM to managing risk across an organization.

____ Is Defined as "The Culture, Capabilities, and Practices, Integrated