Chapter 10 Chapter 10 Homework Exercises (graded) Exercise 1 Circle the statement(s) below that are true regarding ERM programs for non-corporate entities (NCES). ANCE ERM programs are more complex, in part, because they have multiple stakeholders, with one single objective and key metric for each stakeholder. 8. Time is a complicating factor that increases the number of required key metrics, because most of the key metrics cannot be reduced to cash flows, and therefore cannot be discounted. C. NCEs tend to look at money from a different perspective than corporate entities, for example, an increase in cash outflow is not necessarily negative in all cases for NCES. D. Their strategic planning process is typically robust and can be leveraged easily. Exercise 2 Circle the item(s) below that is(are) not an example of non-corporate entities. A. American Red Cross B. Microsoft C. Local barbershop D. An individual E. Department of Homeland Security F. Canada