Discuss ERM (Enterprise risk management)
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Discuss ERM (Enterprise risk management)
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This Unit’s Discussion Questions
- Your client, ReLo Inc. has hired a new controller, Joe Smith. Management of ReLo has asked that you discuss ERM(Enterprise risk management) with him. After a review of the components of the ERM framework, Joe said “All these categories are a waste of time! The only thing that really matters is that we respond to error and fraud when we need to!” How would you respond to Joe? (ULO 1)
