If Management Has Not Established a Risk Management Process, the Internal

question 247

Multiple Choice

If management has not established a risk management process, the internal audit activity could.

• A) Take a proactive role that supplements traditional assurance activities.
• B) Identify and mitigate risks to the organization.
• C) Assume responsibility for the management of identified risks.
• D) Assume primary responsibility for determining if adequate and effective processes are in place.

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