The COSO enterprise risk management framework comprises eight sections, one of which is objective setting.COSO identified five types of objectives most organizations should consider in developing an ERM plan."Ensuring that the corporation fulfills the requirements of the Sarbanes-Oxley Act" is an example of a ___ objective.
A)Strategic
B)Reporting
C)Compliance
D)Risk management

Question

Quizplus · Accepted Answer

The objective "Ensuring that the corporation fulfills the requirements of the Sarbanes-Oxley Act" falls under the category of Compliance objectives, which are focused on ensuring that the organization complies with applicable laws and regulations.

The COSO Enterprise Risk Management Framework Comprises Eight Sections, One