Question: Question 1- 16 marks To improve the risk management process, the Committee of Sponsoring Organizations (COSO), developed a second control framework called Enterprise Risk Management

Question 1- 16 marks To improve the risk management process, the

Question 1- 16 marks To improve the risk management process, the Committee of Sponsoring Organizations (COSO), developed a second control framework called Enterprise Risk Management Integrated Framework (ERM) which consists of eight (8) components. Required: List and briefly describe the eight (8) components (2 marks each) that make up the ERM framework. (16 marks)

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