Question: Devon Company is using an enterprise risk management system. Management of the company has set the companys objectives, identified events, and assessed risks. What is
Devon Company is using an enterprise risk management system. Management of the company has set the company’s objectives, identified events, and assessed risks.
What is the next step in the enterprise risk management process?
a. Establish control activities to manage the risks.
b. Monitor the risks.
c. Determine a response to the risks.
d. Identify opportunities.
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