Corporate Governance Practice Test
Corporate Governance Risk Management & Internal Controls 2
What is the 'three lines of defense' model in risk management?
Select your answer
A
A risk governance structure where business units, risk/compliance functions, and internal audit provide layered oversight
B
A cybersecurity framework using firewalls, encryption, and monitoring
C
A board governance model with independent directors, audit committee, and external auditors
D
A regulatory model using company filings, SEC review, and judicial enforcement
Hint