A process by which organizations select objectives, establish processes to achieve objectives, and monitor performance is:
A) enterprise risk management
B) internal control
C) organizational governance
D) risk assessment

Question

Quizplus · Accepted Answer

Organizational governance is the process by which organizations set objectives, establish processes to achieve objectives, and monitor performance. This includes setting policies, making decisions, and overseeing the implementation of activities to ensure that objectives are met effectively and efficiently. Enterprise risk management and risk assessment are components of organizational governance, while internal control refers to the policies and procedures that organizations put in place to achieve their objectives and manage risks.

A Process by Which Organizations Select Objectives, Establish Processes to Achieve