Who does the board ultimately hold responsible for establishing an ERM framework and for managing risks faced by the organization?

Group of answer choices

a. Chief risk officer.

b.Chief executive officer.

c. Chief financial officer.

d. Chief audit executive.

The process of monitoring ERM performance in the context of substantial change should include consideration of:

Group of answer choices

a.Internal environments.

b.All of the above.

c.External environments.

d. Culture.