After business risks have been identified, they should be assessed in terms of their inherent: a. Impact
Question:
After business risks have been identified, they should be assessed in terms of their inherent:
a. Impact and likelihood.
b. Likelihood and probability.
c. Significance and severity.
d. Significance and control effectiveness.
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The correct answer is a Impact and likelihood Explanation When assessing business risks its importan...View the full answer
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