Which of the following best describes the assessment of risks?

Posted by: Pdfprep Category: IIA-CRMA Tags: , ,

Which of the following best describes the assessment of risks?
A . Assess the actions necessary to reduce the likelihood and/or impact of risk to tolerable levels.
B . Assess the likelihood and/or impact of risk on the achievement of organizational objectives.
C . Assess the amount of risk an organization can accept while pursuing its objectives.
D . Assess alternative strategies to reduce or eliminate major risks.

Answer: B

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