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Question: enterprise risk management and internal control 20 marks 1 explain...

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ENTERPRISE RISK MANAGEMENT and INTERNAL CONTROL   

1. Explain, with examples, the difference(s) between Risk and Uncertainty.   (4 marks)

2. Provide the definition of Enterprise Risk Management (ERM) as detailed by the Committee of Sponsoring Organizations (COSO).     (4 marks)

 

 

 

 

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