Certified in Risk and Information Systems Control (CRISC) — Question 1042

While considering entity-based risks, which dimension of the COSO ERM framework is being referred?

Answer options

• A. Organizational levels
• B. Risk components
• C. Strategic objectives
• D. Risk objectives

Correct answer: A

Explanation

The correct answer is A, as organizational levels refer to the different tiers within an entity that can be affected by risks. The other options focus on different aspects of risk management, such as components, objectives, and strategies, but do not specifically address the entity-based perspective.