Choice "A" is correct. The components of the enterprise risk management framework are the criteria used to evaluate its effectiveness.
Choice "d" is incorrect. The enterprise risk management framework embraces many of the concepts and objectives of the internal control framework, but they are not the criteria used to evaluate its effectiveness.
Choice "c" is incorrect. The enterprise risk management framework embraces many of the concepts and objectives of the internal control framework, but they are not the criteria used to evaluate its effectiveness.
Choice "b" is incorrect. The enterprise risk management framework embraces all of the key elements supporting enterprise risk management components, but they are not the criteria used to evaluate its effectiveness.