An entity determined that its variable interest rate on borrowing will increase significantly in the near future. consequently, the entity hedged its variable by locking in a fixed rate for the relevant period. according to coso, this decision is which type of response to risk?

Sharing

Explanation:

COSO is non profit organisation. It has its head quarter at New York. COSO stands for Committee of Sponsoring Organizations of the Treadway Commission.

It is combined initiative to fight against corporate fraud.  

Given : "An entity determined that its variable interest rate on borrowing will increase significantly in the near future. Consequently, the entity hedged its variable by locking in a fixed rate for the relevant period."

Now according to COSO, this decision is a type of 'sharing' response to risk.

Thus the answer is sharing.

the old way of life was represented by superstition, an angry god, and absolute submission to authority. the thinkers of the age of reason ushered in a new way of thinking. this new way championed the accomplishments of humankind. individuals did not have to accept despair. science and reason could bring happiness and progress. kings did not rule by divine right. they had an obligation to their subjects. europeans pondered the implications for nearly a century. americans put them into practice first.