According to the International Professional Practices Framework, a primary purpose of evaluating the adequacy of an organization's risk management, control, and governance processes is to determine if it:
A) Was designed to ensure compliance with policies, plans, procedures, laws, and regulations.
B) Provides reasonable assurance that the organization's objectives will be met.
C) Mitigates inherent risk.
D) Assures the reliability and integrity of information used by management.

Question

Quizplus · Accepted Answer

The primary purpose of evaluating these processes is to provide reasonable assurance that the organization's objectives will be met, aligning with the overall goal of effective risk management and governance.

According to the International Professional Practices Framework, a Primary Purpose