B4

Question 1

What falls under Governance and Culture in COSO Enterprise risk Management?

Answer 1

The company’s tone where it reinforces the importance of having oversight of enterprise risk management (Culture is a big aspect)

Question 2

What falls under Strategy and Objective in COSO Enterprise risk Management?

Answer 2

Sets up company risk appetite by identifying risk, assessing it, and responding to it.

Question 3

What falls under Performance in COSO Enterprise risk Management?

Answer 3

Prioritize risk based on risk appetite.

Question 4

What falls under Review and Revision in COSO Enterprise risk Management?

Answer 4

Reviewing a company’s performance over time and making revisions to functions when needed.

Question 5

What falls under Information, Communication, Reporting in COSO Enterprise risk Management?

Answer 5

A continual process that shares both internal and external information throughout the organization.

Question 6

What is cloud computing?

Answer 6

Uses shared resources over the internet to rent storage space, processing power, or proprietary software on remote servers from another company.

Question 7

What would hinder a cloud providers reliable and consistent network?

Answer 7

Utilizing a community cloud deployment model, this will give less control to the provider.