________ is not a risk responses identified in the COSO Enterprise Risk Management Framework.
A) Acceptance
B) Avoidance
C) Monitoring
D) Sharing

Question

Quizplus · Accepted Answer

Monitoring is not a risk response identified in the COSO ERM Framework. The four risk response options identified are acceptance, avoidance, mitigation, and transfer (which includes sharing). Monitoring is a key component of the risk management process, but it is not a discrete risk response option.

________ Is Not a Risk Responses Identified in the COSO