Business Studies · Risk Management
In an ERM context aligned with the board’s oversight, which of the following would least likely be considered a key role of the internal audit function?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Evaluating the reliability of risk reporting and information flows
- 2Providing independent assurance on the design and operating effectiveness of ERM processes
- 3Establishing the risk appetite and setting the strategic objectives of the organisation✓
- 4Monitoring the implementation of corrective actions for significant risks
Correct answer
Establishing the risk appetite and setting the strategic objectives of the organisation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Risk Management MCQs →Want more practice questions on Risk Management?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Risk Management