4-41 An external auditor is interested in whether a company has implemented an ef- fective ERM because:

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4-41 An external auditor is interested in whether a company has implemented an ef- fective ERM because: 

a. It reduces the likelihood that an organization will fail. 

b. It provides a framework for the company to develop broad based controls. 

c. It provides a framework to reduce financial statement misstatements. 

d. All of the above 

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Auditing Concepts For A Changing Environment

ISBN: 9781284249286

5th Edition

Authors: Larry E. Rittenberg, Bradley J. Schwieger

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