Read Chapters 12 in your textbook, Enterprise Risk Management
Chapter 12: Create a flowchart of the Risk Focused Resource Allocation Framework (RFRAF), identifying key components, processes, and functional participants in the Framework. You may use a table, Excel spreadsheet, PowerPoint, Visio, or any graphic tools to create your chart. Be creative!
a. You may assume that the RFRAF actually represents a system, containing inputs, processes (process steps), and outputs, which should be represented in your flowchart.)
b. Be sure to provide enough detail in your flowchart so that a knowledgeable accountant, risk manager, or executive will understand the workings of the Framework.
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