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Exam P3 All Questions
Exam P3 All Questions

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CIMA Strategic P3 Question # 45 Topic 5 Discussion

P3 Exam Topic 5 Question 45 Discussion:
Question #: 45
Topic #: 5

The Committee of Sponsoring Organisations (COSO) outlined six key principles of Enterprise Risk Management (ERM).

Which of the following are COSO key principles?


A.

The creation of a risk aware culture.


B.

A comprehensive and holistic approach to risk management.


C.

Risk management is the responsibility of the risk committee.


D.

Consideration of risk management in the context of business strategy.


E.

Consideration of the main risk only which is financial risk.


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