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1.The updated ERM framework issued by COSO in 2017, Enterprise Risk ManagementIntegrating with Strategy and Performance, lists benefits that can be achieved when entities integrate

1.The updated ERM framework issued by COSO in 2017, Enterprise Risk ManagementIntegrating with Strategy and Performance, lists benefits that can be achieved when entities integrate ERM throughout the organization. Which of the following is not a benefit achieved when entities integrate ERM throughout the organization?

Improved resource deployment

Improved identification and management of risk entity-wide

Increased positive outcomes and reduced negative surprises

Decreased range of opportunities

2.When managing transaction exposure in foreign currency, which of the following techniques is not used to eliminate all or part of transaction exposure?

Money market hedge

Backward hedge

Future hedges

Currency option hedge

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