Which of the Following Is a Source of Risk Identified

question 2

Multiple Choice

Which of the following is a source of risk identified by both the AICPA/CICA and the Institute of Internal Auditors:

• A)Environmental
• B)Informational
• C)Financial
• D)Operational
• E)All of the above

---

Definitions:

Internalizing Behavior

Emotional or behavioral issues that are directed inward, such as anxiety, depression, or withdrawal.

Contextual Relativism

Position 5 in Perry’s model that represents a major achievement in intellectual development because the student now possesses analytic abilities that allow her to appreciate the merits of diverse perspectives and to find convincing elements in multiple points of view. Thinking relativistically, or thinking about knowledge in context, becomes more habitual.

Absolute Truth

A fact or principle that is believed to be universally valid, independent of context or situation.

Intellectual Development

The growth and change in intellectual capabilities, such as learning, thinking, reasoning, and problem-solving.