Casa Ruiz is a Mexican restaurant in southern California.In anticipation of expanding its operations considerably, Mr.Ruiz (the owner) has contacted you to develop an enterprise risk management plan using the COSO model.Fill in the blanks below to develop an ERM plan for Casa Ruiz; the first two elements are supplied as examples.1) Internal environment: Mr.Ruiz conducted a series of employee meetings to explain the importance of enterprise risk management and the COSO model.2) Objective setting: Mr.Ruiz wants to open a second location within six months.3) Event identification: _____________________________________________.4) Risk assessment: _____________________________________________.5) Risk response: _____________________________________________.6) Control activity: _____________________________________________.7) Information and communication: ___________________________________.8) Monitoring: _____________________________________________.

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The Answer of Casa Ruiz is a Mexican restaurant in southern California.In anticipation of expanding its operations considerably, Mr.Ruiz (the owner) has contacted you to develop an enterprise risk management plan using the COSO model.Fill in the blanks below to develop an ERM plan for Casa Ruiz; the first two elements are supplied as examples.1) Internal environment: Mr.Ruiz conducted a series of employee meetings to explain the importance of enterprise risk management and the COSO model.2) Objective setting: Mr.Ruiz wants to open a second location within six months.3) Event identification: _____________________________________________.4) Risk assessment: _____________________________________________.5) Risk response: _____________________________________________.6) Control activity: _____________________________________________.7) Information and communication: ___________________________________.8) Monitoring: _____________________________________________.

Casa Ruiz Is a Mexican Restaurant in Southern California