Which ERM component is comprised of policies and procedures established and implemented to ensure risk responses are effective?

Question

Quizplus · Accepted Answer

Control activities, as a component of ERM, involve the policies and procedures that are established and implemented to ensure that risk responses are effective. These control activities may take various forms, such as physical controls, IT controls, or segregation of duties, and they are designed to reduce the likelihood of risks occurring or to mitigate their potential effects.

Which ERM Component Is Comprised of Policies and Procedures Established