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Which of the following are risk components of the COSO ERM framework?

Which of the following are risk components of the COSO ERM framework?
Each correct answer represents a complete solution. Choose three.

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A.
Risk response

B.
Internal environment

C.
Business continuity

D.
Control activities

Explanation:

The risk components defined by the COSO ERM are internal environment, objective settings,
event identification, risk assessment, risk response, control objectives, information and
communication, and monitoring.
Answer C is incorrect. Business continuity is not considered as risk component within the ERM
framework.


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