Exam IIA-CIA-Part1 All QuestionsBrowse all questions from this exam
Question 143

Which of the following definitions best describes enterprise risk management?

    Correct Answer: C

    Enterprise risk management is a comprehensive approach that encompasses more than just internal control. It involves the identification, assessment, and management of potential risks that could impact an organization, and aims to ensure that the organization's objectives are met. This holistic approach means it is broader than internal control alone, providing a framework for consistent risk management across all areas of the enterprise.

Discussion
Auditor900Option: D

Agree with D.

NimishagoelOption: D

It says assurance, not reasonable assurance. I think D is a better answer

Daniellaabc

Governance is broader than enterprise management

John1237

Enterprise risk management doesn't focus on activities...