Question: How does the author describe 'risk assessment' within an internal control system? * A) Evaluating the effectiveness of control activities B) Identifying potential risks and
How does the author describe 'risk assessment' within an internal control system? * A) Evaluating the effectiveness of control activities B) Identifying potential risks and evaluating their impact on achieving objectives C) Ensuring transactions are authorized and processed correctly D) Communicating internal control policies to employees
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