Enterprise risk management:

A. Guarantees achievement of organizational objectives.

B. Requires establishment of risk and control activities by internal auditors.

C. Involves the identification of events with negative impacts on organizational objectives.

D. Includes selection of the best risk response for the organization.

Question

Social Studies

Carl Webb

21 January, 11:38

Enterprise risk management:

A. Guarantees achievement of organizational objectives.

B. Requires establishment of risk and control activities by internal auditors.

C. Involves the identification of events with negative impacts on organizational objectives.

D. Includes selection of the best risk response for the organization.

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Answers (1)

Know the Answer?

Rishi Snyder · Answer 1

C. Involves the identification of events with negative impacts on organizational objectives.

Explanation:

Enterprise risk management also involves methods and ways companies or organizations chooses to manage their risk and the achievement of their organizational objectives.

Most companies uses Enterprise risk management to plan, identify and analyze risk, danger and other hazards that may disrupt organization' s flow of operations and targeted objectives.