An internal auditor is evaluating techniques management uses to mitigate risks within a particular product...

IIA IIA-ACCA Question Answer

An internal auditor is evaluating techniques management uses to mitigate risks within a particular product division. Which of the following is an example of risk reduction?

Management sells the product division to a competitor.

Management outsources the product division to a third party.

Management allows the product division to remain unchanged.

Management modifies the product division to minimize errors.

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An organization is beginning to implement an enterprise risk management program.

Which of the following must be in existence as a precondition to developing an effective...

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An internal auditor is evaluating techniques management uses to mitigate risks within a particular product...

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