When the inherent risk of a business activity is lower than the acceptable risk level, the BEST course of action would be to:

Last Updated on December 21, 2021 by Admin 2

When the inherent risk of a business activity is lower than the acceptable risk level, the BEST course of action would be to:

  • monitor for business changes
  • review the residual risk level
  • report compliance to management
  • implement controls to mitigate the risk
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments