1. Which item is the best choice for item B above?

a.Inherent and Residual

b.High

c.Reduce Accept Avoid Share

d. Maintenance

2. Which of the following items below is the best choice for item C in the table?

a.	DFN wants to reduce the cost of processing purchase orders

b.	DFN's cost of processing purchase orders is too high

c.	Purchasing department employees lack instrumentality

d. Processing purchase orders is part of the acquisition/payment process

3. Which is the following best choice for item E in the table above?

a.	Risk response

b.	Internal environment

c.	Information and communication

d.	Monitoring

Consider the following table as you respond to the questions DFN Corporation enterprise risk management plan DFN wants to reduce and share the risk Risk assessment B Objective settingC DFN's internal audit department will take responsibility for ensuring the plan's ongoing effectiveness The monthly company newsletter has a column devoted to the importance of ERM After the plan is developed, DFN will hold monthly employee discussion groups about it Event identification G Control activities H Consider the following table as you respond to the questions DFN Corporation enterprise risk management plan DFN wants to reduce and share the risk Risk assessment B Objective settingC DFN's internal audit department will take responsibility for ensuring the plan's ongoing effectiveness The monthly company newsletter has a column devoted to the importance of ERM After the plan is developed, DFN will hold monthly employee discussion groups about it Event identification G Control activities H