Results for "2025 RN MATERNAL NEWBORN ATI PROCTORED
FORM A, B, C, EXAM & 2025 RN MATERNAL NEWBORN ATI
PROCTORED EXAM & 2025 RETAKE EXAM WITH QUESTIONS
AND ANSWERS, RATIONALES, 100% VERIFIED NEWEST
VERSION"
Roles of the board of directors for ERM - ANSWERSproviding oversight and direction to
an organization's management. the board can play a role in strategic setting,
formulating high level objectives, broad based resource allocation, and shaping the
ethical environment
risk management - ANSWERSthe process conducted by management to understand
and deal with uncertainties that could affect the organization's ability to achieve its
objectives
c
3 components of value proposition - ANSWERSassurance, insight, objectivity
insight - ANSWERSInternal auditor acts as a catalyst for improving an organization's
effectiveness and efficiency by providing insight and recommendation based on
analyses and assessment of data and business processes.
objectivity - ANSWERSWith commitment to integrity and accountability, internal auditor
provides value to governing bodies and senior management as an objective source of
independent advice.
auditing vs accounting - ANSWERSaccounting collects, classifies, summarizes and
communicates data, as well as measures and communicates business events and
conditions.
auditing considers business events and conditions also but does not have the task of
measuring or communicating them. they review them for propriety. it is analytical and
investigative
Risk - ANSWERSthe effect of uncertainty on business objectives; risk mgmt refers to
the set of coordinated activities to direct and control an organization to recognize
opportunities while management negative events
compliance - ANSWERSadherence to policies, plans, procedures, laws, regulations,
contracts of other requirements
corporate governance - ANSWERSvalues/goals are established and communicated,
accomplishment of goals are monitored, accountability is ensured, and values are
preserved
, governance umbrella - ANSWERSboard of directors up top- they have strategic
direction, governance oversight
role of the Board in Governance - ANSWERSto identify the stakeholders of an
organization, understand the needs and expectations of the stakeholders, identify the
potential outcomes that would be unacceptable to key stakeholders
different types of outcomes - ANSWERSfinancial, compliance, operations, strategic
Risk appetite - ANSWERSAmount of risk the organization or function is willing to
pursue or accept to attain its goals
risk tolerance - ANSWERSThe degree of uncertainty that an investor can ACTUALLY
handle in regard to a negative change in the value of his or her portfolio.
risk owners - ANSWERSindividuals who have day to day responsibility for ensuring that
risk management activities effectively manage risks within the organization's risk
tolerance levels
internal auditors role in governance - ANSWERSinternal audit activity muts assess and
make appropriate recommendations on how to improve governance
3 lines of defense for the governing body - ANSWERS1st line: mgmt controls, internal
control measures
2nd line: financial controller, risk mgmt, compliance, health and safety, environmental,
quality assurance
3rd: internal auditor
SOX Act 2002 Title 1 - ANSWERSestablishment of the PCAOB
SOX Act 2002 Title III - ANSWERScorporate responsibility- the public company audit
committee is responsible for oversight of the work of a public accounting firm, audit
committee members must be from the board and not accept money, financial reports
are required to be signed by officers for accuracy of the financial statement
SOX Act 2002 Title IV - ANSWERSenhanced disclosures: managements assessment
of internal controls, code of ethics, requires somebody to be able to have expertise in
the area to perform these duties
internal audit - ANSWERSindependent, objective assurance and consulting activity
designed to add value and improve an organization's operations. independence and
objectivity, systematic and disciplined approach
FORM A, B, C, EXAM & 2025 RN MATERNAL NEWBORN ATI
PROCTORED EXAM & 2025 RETAKE EXAM WITH QUESTIONS
AND ANSWERS, RATIONALES, 100% VERIFIED NEWEST
VERSION"
Roles of the board of directors for ERM - ANSWERSproviding oversight and direction to
an organization's management. the board can play a role in strategic setting,
formulating high level objectives, broad based resource allocation, and shaping the
ethical environment
risk management - ANSWERSthe process conducted by management to understand
and deal with uncertainties that could affect the organization's ability to achieve its
objectives
c
3 components of value proposition - ANSWERSassurance, insight, objectivity
insight - ANSWERSInternal auditor acts as a catalyst for improving an organization's
effectiveness and efficiency by providing insight and recommendation based on
analyses and assessment of data and business processes.
objectivity - ANSWERSWith commitment to integrity and accountability, internal auditor
provides value to governing bodies and senior management as an objective source of
independent advice.
auditing vs accounting - ANSWERSaccounting collects, classifies, summarizes and
communicates data, as well as measures and communicates business events and
conditions.
auditing considers business events and conditions also but does not have the task of
measuring or communicating them. they review them for propriety. it is analytical and
investigative
Risk - ANSWERSthe effect of uncertainty on business objectives; risk mgmt refers to
the set of coordinated activities to direct and control an organization to recognize
opportunities while management negative events
compliance - ANSWERSadherence to policies, plans, procedures, laws, regulations,
contracts of other requirements
corporate governance - ANSWERSvalues/goals are established and communicated,
accomplishment of goals are monitored, accountability is ensured, and values are
preserved
, governance umbrella - ANSWERSboard of directors up top- they have strategic
direction, governance oversight
role of the Board in Governance - ANSWERSto identify the stakeholders of an
organization, understand the needs and expectations of the stakeholders, identify the
potential outcomes that would be unacceptable to key stakeholders
different types of outcomes - ANSWERSfinancial, compliance, operations, strategic
Risk appetite - ANSWERSAmount of risk the organization or function is willing to
pursue or accept to attain its goals
risk tolerance - ANSWERSThe degree of uncertainty that an investor can ACTUALLY
handle in regard to a negative change in the value of his or her portfolio.
risk owners - ANSWERSindividuals who have day to day responsibility for ensuring that
risk management activities effectively manage risks within the organization's risk
tolerance levels
internal auditors role in governance - ANSWERSinternal audit activity muts assess and
make appropriate recommendations on how to improve governance
3 lines of defense for the governing body - ANSWERS1st line: mgmt controls, internal
control measures
2nd line: financial controller, risk mgmt, compliance, health and safety, environmental,
quality assurance
3rd: internal auditor
SOX Act 2002 Title 1 - ANSWERSestablishment of the PCAOB
SOX Act 2002 Title III - ANSWERScorporate responsibility- the public company audit
committee is responsible for oversight of the work of a public accounting firm, audit
committee members must be from the board and not accept money, financial reports
are required to be signed by officers for accuracy of the financial statement
SOX Act 2002 Title IV - ANSWERSenhanced disclosures: managements assessment
of internal controls, code of ethics, requires somebody to be able to have expertise in
the area to perform these duties
internal audit - ANSWERSindependent, objective assurance and consulting activity
designed to add value and improve an organization's operations. independence and
objectivity, systematic and disciplined approach
