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NEW QUESTION: 1
According to the COSO Enterprise Risk Management - Integrated Framework, which of the following statements is true regarding the role of risk appetite in an organization?
A. A high risk appetite may limit capital investment in high risk areas.
B. Risk appetite reflects the organization's risk philosophy and influences its operating style.
C. Risk appetite is often best measured in the same units as its related objective.
D. Risk appetite is determined in part by how an entity allocates its resources.
Answer: B
NEW QUESTION: 2
Company A anticipates the following cash inflows and outflows for the next three months:
If the company's treasurer is preparing a cash-flow projection for Month 2, and he is focusing purely on items that can be projected with a fair degree of certainty, what will the net projection be?
A. ($104,000)
B. ($119,000)
C. $146,000
D. $131,000
Answer: D
NEW QUESTION: 3
A. Option E
B. Option C
C. Option A
D. Option D
E. Option B
Answer: C,D
NEW QUESTION: 4
A. Option B
B. Option E
C. Option C
D. Option D
E. Option A
Answer: A,C,E