A key element of the COSO ERM model is risk appetite. Risk appetite is a. Best determined
Question:
A key element of the COSO ERM model is risk appetite. Risk appetite is
a. Best determined by management with board of director review and concur- rence.
b. An integral part of the risk culture.
c. A necessary prerequisite to an ERM model.
d. All of the above
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The correct answer is d All of the above Explanation Best determined by management with board of ...View the full answer
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Related Book For 
Auditing Concepts For A Changing Environment
ISBN: 9781284249286
5th Edition
Authors: Larry E. Rittenberg, Bradley J. Schwieger
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