![]() A _ risk might be that your company's servers fail because demand for your project is so high (which occurred repeatedly in the early days of eBay). For example :A _ risk is that the new accounting system that your company implemented fails to work and you cannot keep track of sales and inventory (e.g., the 1999 Hershey's chocolate enterprise resource planning disaster). SEALED Becker CPA Exam Review Financial Flash Cards V 4.2 After. ![]() Hence, to COSO, risks can be negative or positive. Save becker cpa 3.5 to get e-mail alerts and updates on your eBay Feed. That is, risk is the likelihood that performance will be different from targeted.Note that COSO defines risk (counterintuitively for most people) as a neutral (i.e., neither negative nor positive) event. Risk is an uncertain event that will influence whether an organization achieves its strategic business goals. ![]() ![]() ERM must be integrated with strategy setting and linked to organizational performance. Entdecke Becker CPA Flashcards - AUD 3. What Is Enterprise Risk Management (ERM)?-ERM is the culture, capabilities, and practices by which organizations manage risk to create, preserve, and realize value (performance). ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |