Business Process Diagrams are used in process documentation to:

Describe the documents in a process.

Describe the systems involved in a process.

Describe the internal controls of a process.

Describe the activities in a process

An individuals perceived ability to carry out the fraud and conceal the fraudulent activity is referred to as:

pressure for fraud.

concealing for fraud.

opportunity for fraud.

rationalisation for fraud.

Which of these options are correct with regards to objective setting in an enterprise risk management system (ERM)?

The objective setting of the ERM needs to be consistent with the organisations mission statement and align with its risk appetite.

The objective setting of the ERM needs to be consistent with the organisations information system policy and align with its risk appetite.

The objective setting of the ERM needs to follow the industrys best practices (i.e. common objectives across industry peers) and align with the organisations risk appetite.

There is no need to set specific objectives for ERM as most ERMs are the same and follow the industrys risk management standard such as AS/NZS ISO 31000:2009.

The objective setting of the ERM neds to be consistent with the organisations strategy, and other related objectives.

Options I and V only

Options III and V only.

Options II, III and V only.

Options III, IV and V only.