Enterprise Risk Management | Compliance Alliance

The ultimate purpose of an Enterprise Risk Management Program is:

To inform the bank’s business decisions

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To create and preserve value

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To ensure the bank stays within its risk appetite

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All of the above

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The OCC recently removed what type of risk from its exam manual?

Reputation

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Interest Rate

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Security

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Strategic

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Which of the following is NOT a component of the ERM Framework outlines by the Committee of Sponsoring Organizations?

Governance & Culture

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Strategy & Objective Setting

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Fraud Prevention

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Review & Revision

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Quiz for Enterprise Risk Management