Which of the following ERM activities should the internal audit function not undertake?
a) Giving assurance that risks are correctly evaluated.
b) Reviewing the management of key risks.
c) Deciding on the appropriate risk response.
d) Consolidating the reporting on risk across the organization.
Ans: c) Deciding on the appropriate risk response.
Business
You might also like to view...
A high debt ratio indicates an excessive amount of debt and should be reduced over time to avoid any debt repayment problems
Indicate whether the statement is true or false.
Business
Which of the following is a valid argument for leasing?
A) tax differences B) reduced resale costs C) efficiency gains from specialization D) All of the above are valid arguments for leasing.
Business