Which of the following is not one of the risk responses identified in the COSO Enterprise Risk Management Framework?
A) Monitoring
B) Avoidance
C) Acceptance
D) Sharing
Answer: A) Monitoring
You might also like to view...
If there are factors that restrict production capacity, a company should focus on the product line that has the highest:
A. profit per unit of product. B. contribution margin per unit of the constraint. C. contribution margin ratio. D. selling price per unit of product.
Unlike conventional organizations, unstructured organizations tend to ________
A) provide employees opportunity to form close bonds with co-workers B) lack clear assignments of legal or financial liability in the event of major foul-ups C) have lower flexibility in adjusting their expense levels to match revenue levels D) have clear lines of accountability up and down the chain of command E) invest in employees over months or years, giving them time and opportunities to develop deep knowledge and skills