What should an ERM manager (or an ERM committee)be responsible for?
A) defining what constitutes an electronic transaction
B) classifying specific records based upon their importance, regulatory requirements, and duration.
C) formulating and managing SOX compliance
D) all of the above

Question

Quizplus · Accepted Answer

An ERM (Enterprise Risk Management) manager or committee should be responsible for classifying specific records based upon their importance, regulatory requirements, and duration to ensure proper management of risk. Defining electronic transactions and formulating/managing SOX compliance may fall under other areas of responsibility within the organization.

What Should an ERM Manager (Or an ERM Committee)be Responsible