Assume that you just acquired a new apartment

Use COSO-ERM to discuss the following:

1. Event Identification: list at list 2 events that you could face related to the acquisition of your new apartment.

2. Risk respone: list at least 2 ways that you can response to the risks

3. Control activities: list 4 control activities to prevent losses related to the acquisition of your new apartment. Use a combination of preventive, detective, and corrective controls.