Under the ERM,the objectives of the organisation are:
A)operations,performance,reporting,and compliance
B)strategic,reporting,compliance,and operations
C)environmentally friendly,reporting,profitable and compliance
D)socially responsible,profitable,compliance,and environmentally friendly

Question

Quizplus · Accepted Answer

The Enterprise Risk Management (ERM) framework focuses on aligning risk appetite and strategy, enhancing risk response decisions, and reducing operational surprises and losses. Its objectives are categorized into four areas: strategic, operations, reporting, and compliance. This ensures that risks are managed in a way that supports the organization's overall strategy and operational goals, while also ensuring compliance with laws and regulations and the integrity of financial reporting.

Under the ERM,the Objectives of the Organisation Are