Entity Types are applied to which types of records?

Entity Types in ServiceNow are a way to categorize and define various components within the Risk and Compliance application. When considering the options presented, Control Objectives are fundamental elements that guide organizations in achieving their risk management goals and mandates.

Each Control Objective represents a specific intent or requirement that the organization aims to achieve concerning risks. By applying Entity Types to Control Objectives, organizations can better structure, analyze, and manage the different objectives in the context of compliance and risk assessment. This categorization helps in establishing clear definitions, roles, and expectations associated with each Control Objective.

In contrast, while risks, policies, and risk statements are also essential elements within the risk management framework, they typically do not directly utilize the concept of Entity Types in the same manner as Control Objectives do. Therefore, the application of Entity Types is most appropriately aligned with Control Objectives, underscoring their role in the organizational structure and risk management processes.