In: Accounting
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 |
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