9:48 PM Mon Jul 6 44% 1:05:15 Exit Which group is charged with overseeing the establishment, administration, and evaluation of the processes of risk management and control? Board of directors Senior management Operating managers Internal auditors D 12. Enterprise risk management Guarantees achievement of organizational objectives Includes selection of the best risk response for the organization. Involves the identification of events with negative impacts on organizational objectives Requires establishment of risk and control activities by internal auditors. 13