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Exam IIA-CIA-Part1 topic 4 question 30 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 30
Topic #: 4
[All IIA-CIA-Part1 Questions]

Which of the following definitions best describes enterprise risk management?

  • A. Enterprise risk management is narrower than internal control and focuses on managing the risk of loss resulting from external events.
  • B. Enterprise risk management is narrower than internal control and focuses on risk mitigation strategies across the enterprise.
  • C. Enterprise risk management is broader than internal control and focuses on risk identification and management, and assurance that business objectives will be met.
  • D. Enterprise risk management is broader than governance and internal control, and focuses on activities designed to ensure that risks are contained at a level
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Suggested Answer: C 🗳️

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Daniellaabc
1 year, 6 months ago
Governance is broader than enterprise management
upvoted 1 times
John1237
1 month, 1 week ago
Enterprise risk management doesn't focus on activities...
upvoted 1 times
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Auditor900
1 year, 7 months ago
Agree with D.
upvoted 3 times
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Nimishagoel
1 year, 7 months ago
It says assurance, not reasonable assurance. I think D is a better answer
upvoted 2 times
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