Question
Which of the following statements about the COSO enterprise risk management is NOT true? Select the incorrect statement. If multiple statements are incorrect, select only
Which of the following statements about the COSO enterprise risk management is NOT true? Select the incorrect statement. If multiple statements are incorrect, select only the answer that contains all incorrect answers.
a. An example for the risk response "share" could be using an insurance policy to cover the risk.
b. An example for the risk response "avoid" could be to cease the activity that causes the risk.
c. An example for the risk response "accept" could be to decide against any activity that reduces the risk.
d. An example for the risk response "avoid" could be to implement a control activity that eliminates the risk.
e. Statements b and c are NOT true.
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