The Enterprise Risk Management$-$Integrated Framework of the Committee of Sponsoring Organizations $($COSO$)$ is best defined

as:

A$.$ The culture, capabilities, and practices, integrated with strategy$-$setting and performance, that organizations rely on to

manage risk in creating, preserving, and realizing value.

B$.$ Serial process in which one component affects only the next component.

C$.$ Process that takes a control$-$based approach to an organization.

D$.$ Process that replaces the COSO internal control framework.