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D Question 6 1 pts Which of the following is not correct concerning the role of corporate governance in Enterprise Risk Management (ERM)? An organization's
D Question 6 1 pts Which of the following is not correct concerning the role of corporate governance in Enterprise Risk Management (ERM)? An organization's tone at the top is an important component of its ERM program. Because corporate governance concerns the way an organization is managed, it is an important component of an ERM program. An organization's board of directors is typically not involved in its ERM program. An organization's executive officers are typically involved in its ERM program. Question 7 1 pts All of the following are components of the 2017 COSO ERM Framework except: Review and Revision O Performance O Governance and Culture Risk Diversification D Question 8 1 pts Which of the following statements is not correct? Risk ranking involves visually displaying the probability of a risk occurring on one axis and the magnitude of the loss on the other axis. Risk mapping involves visually displaying the probability of a risk occurring on one axis and the magnitude of the loss on the other axis. Risk identification, risk ranking, and risk mapping are qualitative risk assessment tools. Risk identification is performed before risk ranking
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