Question: Objective: Be able to identify exposures and other control failures and to be able to describe controls that could prevent, detect, or correct the exposures.

Objective: Be able to identify exposures and other control failures and to be able to describe controls that could prevent, detect, or correct the exposures. You may refer to the definitions of various business exposures in the supporting document to this exam

Required:

1 .

For each of the six situations presented in the cartoon below describe one or more business exposures that can result from the situation.

2 .

Describe controls to prevent, detect, or correct those identified exposures.

Objective: Be able to identify exposures and other control failures and

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