ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 4 Question 65 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam

Question #: 65
Topic #: 4

[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is one of the components of the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Enterprise Risk Management---Integrating with Strategy and Performance?

AEvent avoidance

BRisk tolerance

CCompliance

DReview and revision

Show Suggested Answer

Suggested Answer: D

by Justine at Apr 25, 2023, 01:04 PM

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Dannie

1 days ago

I'm going with D. Gotta love those COSO acronyms, am I right? They really keep you on your toes!

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Joseph

5 days ago

D sounds like the most logical answer to me. Governance and culture are essential for effective enterprise risk management.

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Erasmo

11 days ago

Hmm, I'm not sure about this one. I was thinking it might be C, risk tolerance. But I guess D makes sense too.

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Alaine

13 days ago

I'm not sure, but I think C) Risk tolerance is also important in managing risks effectively.

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Dacia

14 days ago

I think the answer is D. Governance and culture is definitely one of the key components of COSO's ERM framework.

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Janey

20 days ago

I agree with Felton, governance and culture are crucial components for integrating risk management with strategy and performance.

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Felton

23 days ago

I think the answer is D) Governance and culture.

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