Explanation/Reference:
Explanation:
Moderate risks are noticeable failure threatening the success of certain goals.
Incorrect Answers:
B: High risk is the significant failure impacting in certain goals not being met.
C: Extremely high risk are the risks that has large impact on enterprise and are most likely results in failure with severe consequences.
D: Low risks are the risk that results in certain unsuccessful goals.

Section: Volume D

Section: Volume D
Explanation

Section: Volume C
Explanation:
The organizational levels of the COSO ERM framework describe the subsidiary, business unit, division, and entity-levels of aspects of risk solutions.
Incorrect Answers:
B: Risk components includes Internal Environment, Objectives settings, Event identification, Risk assessment, Risk response, Control activities, Information and communication, and monitoring.
C: Strategic objectives includes strategic, operational, reporting, and compliance risks; and not entity-based risks.
D: This is not a valid answer.