Which of the following is the most important reason for an organization to use enterprise risk management?
A) To help an organization achieve its strategy through identifying, measuring, and managing the organization's most important risks and opportunities
B) To ensure complete elimination of all risks that the organization may face
C) To eliminate the possibility of the organization's present value of future cash flows being affected by exchange rate fluctuations
D) To help an organization recover the costs incurred to determine whether products and services conform to quality requirements
Correct Answer:
Verified
Q31: The _ is a model that explains
Q32: Which of the following is true of
Q33: The _ is made up of all
Q34: _ is defined as wrongful or criminal
Q35: Risk response benefit can be defined as:
A)
Q37: A _ is one that does not
Q38: Which of the following steps within the
Q39: _ requires suppliers to deliver parts and
Q40: An organization's overall desired level of risk
Q41: Which of the following is true of
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