The Espy Company recently had an outside consulting rm perform
The Espy Company recently had an outside consulting firm perform an audit of its information systems department. One of the consultants identified some business risks and their probability of occurrence. Estimates of the potential losses and estimated control costs are given in Figure 15-10.
a. Using the Figure 15-10 information, develop a risk assessment for the Espy Company.
b. If you were the manager responsible for the Espy Company’s information processing system, which controls would you implement and why?
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