On the enterprise risk management continuum, ______ are the procedures and protocols that an organization implements to make sure the path chosen in the risk response stage is actually carried out.
A) Monitoring activities
B) Control activities
C) Reporting activities
D) Delegation activities

Question

Quizplus · Accepted Answer

Control activities are the specific actions taken within an organization's internal control system to ensure that directives aimed at managing risk are effectively carried out. These activities include approvals, verifications, reconciliations, and reviews of operating performance, and are essential for ensuring that the risk response strategies are implemented as planned.

On the Enterprise Risk Management Continuum, ______ Are the Procedures