________ is accomplished through ongoing management activities, separate evaluations, or both.
A)Control activities
B)Risk Assessment
C)Risk Response
D)Monitoring

Question

Quizplus · Accepted Answer

Monitoring is the process of tracking progress towards achieving desired outcomes and identifying any necessary changes or adjustments to the risk management plan. This can be accomplished through ongoing management activities, separate evaluations, or both. Control activities are a part of the risk management plan and are implemented to mitigate identified risks. Risk assessment is the process of identifying potential risks and analyzing the likelihood and potential consequences of those risks. Risk response is the development of a plan to address identified risks. While all of these are important components of risk management, monitoring is specifically related to evaluating progress and making necessary adjustments.

________ Is Accomplished Through Ongoing Management Activities, Separate Evaluations, or Both