According to the COSO Enterprise Risk Management Framework, the risk assessment process incorporates all of the following components except:.1. establishing objectives for the enterprise. 2. reporting potential risks to auditors. 3. identifying events that could impact the enterprise. 4. all of these are components of the COSO Enterprise Risk 5. management framework, the risk assessment process. 6. evaluating the impact of potential events on achievement of objectives.

The lee family is looking to buy a house in one of two suburban areas just outside of a major city, and air quality is a top priority for them. overall air quality is calculated by taking measures in 100 locations within each suburb and then calculating a measure of central tendency. in one suburb, there is a major bus station that creates very poor air quality at its location but has no impact in the surrounding parts of the suburb. in this situation, which measure of overall suburb air quality would be most useful?