The ERM framework addresses four categories of management objectives. Which category addresses the reliability of the financial statements?
A) compliance
B) operations
C) reporting
D) strategic

Question

Quizplus · Accepted Answer

The category that addresses the reliability of the financial statements is reporting, which focuses on ensuring accurate and timely reporting of financial and nonfinancial information to internal and external stakeholders. Therefore, choice C is the correct answer.

The ERM Framework Addresses Four Categories of Management Objectives