Question: In chapter 25, what is the difference between ERM and SRM? Question 9 options: A) ERM mainly focuses on risk recognition and categorization while SRM

In chapter 25, what is the difference between ERM and SRM? Question 9 options: 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

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