According to IIA guidance, which of the following risk management process evaluation findings would the internal audit activity consider most effective?
A) Relevant risk information is captured and communicated in a periodic manner to management.
B) Risk management processes are monitored through an annual assessment.
C) Risk responses align with the organization's risk appetite.
D) Strategic risks with low residual values are continuously monitored.

Question

Quizplus · Accepted Answer

Risk responses aligning with the organization's risk appetite is most effective as it ensures that the organization is taking appropriate actions to manage risks within acceptable levels, which is a key objective of risk management.

According to IIA Guidance, Which of the Following Risk Management