AGA Exam CGFM Topic 4 Question 21 Discussion

Actual exam question for AGA's CGFM exam

Question #: 21
Topic #: 4

[All CGFM Questions]

One of the five components of COSO ERM is

Aperformance.

Bchanging environment.

Ccomplex calculations.

Daccepting risk.

Show Suggested Answer

Suggested Answer: D

by Lizette at Dec 06, 2022, 06:31 PM

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Tamesha

1 months ago

Wait, is this a trick question? I bet the answer is 'all of the above' because COSO covers so many different aspects of risk management. You can't trick me that easily!

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Oliva

1 months ago

Ah, I got it! A) performance. COSO is all about making sure companies are performing at their best, right?

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Carmen

1 months ago

Haha, C) complex calculations? What is this, a math test? I'm pretty sure COSO is more about the big picture, not the nitty-gritty details.

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Johnetta

3 days ago

B) changing environment.

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Diane

20 days ago

A) performance.

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Weldon

1 months ago

I'm not so sure about that. B) changing environment sounds more like it to me. Isn't COSO all about adapting to changes?

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3 months ago

I think the answer is D) accepting risk.

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