In chapter $25,$ what is the difference between ERM and SRM$?$

A$)$ ERM mainly focuses on risk recognition and categorization while SRM is focused on tying risk to strategy

B$)$ ERM is focused on integration of the strategy of the board of directors where, SRM is focused on operational application of risk

C$)$ Executive management is involved only in ERM and not SRM

D$)$ ERM is a top down approach to risk management where SRM is a bottom up approach

E$)$ None of the above