Which of the Following Is Not a Consequence of Uncontrolled

question 64

Multiple Choice

Which of the following is not a consequence of uncontrolled risks?

• A) Credit ratings are eroded.
• B) Favorable audit opinions are received.
• C) Important decisions are based on faulty data.
• D) Resources are lost, wasted, or abused.

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Definitions:

Democratizes

The process of making systems, processes, or information accessible and participatory to all, often involving the distribution of power away from a central authority.

Invisible Assets

Non-physical resources that have economic value, such as brand reputation, intellectual property, or human capital.

Flexibility of Work

The degree to which a job allows for changes in work hours, location, and patterns to accommodate employees' needs and preferences.

Economic Approach

A method of analysis that focuses on the principles of supply and demand, cost-benefit analysis, and the rational behavior of individuals within the economy.