Question

In: Accounting

is defined as “the culture, capabilities, and practices, integrated with strategy and execution, that organizations rely...

is defined as “the culture, capabilities, and practices, integrated with strategy and execution, that organizations rely on to manage risk in creating, preserving and realizing value.”

Control environment
Internal control
Risk culture
Enterprise risk management

Solutions

Expert Solution

Enterprise risk management is the culture, capabilities, and practices, integrated with strategy and execution, that organizations rely on to manage risk in creating, preserving and realizing value

It includes the processes used by organizations to manage risks and grab the opportunities related to achievement of their objectives

So, as per above definition, option D is the correct option

ekkarill92 answered 3 years ago
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Write an essay of 1000+ words on the topic ‘Organizational culture and the formation of strategy’.
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