A major challenge ERM program face is the development of an mentality Select one a. ivory tower b. flexible c. None of the above are correct. d. balancing act Several business developments have increased the level of risk faced by organizations under their control in recent times which include: Select one a. new technologies b. climate change C. changing demographics d. national security One of the best-known of the specialized risk management standards in the IT sector is Control Objectives for Information and Related Technology (COBIT) Select one True False A risk assessment approach undertaken by the board of directors would be considered a bottoms up exercise. Select one True False An advantage of using questionnaires and checklists as a risk assessment technique may be Select one a. Greater involvement than in a workshop b. Physical evidence forming the basis of opinion c. Greater interaction which produces more ideas d. Questions will be based on historical knowledge