Which of the Following Best Illustrates the Primary Focus of a Risk-Based

Which of the following best illustrates the primary focus of a risk-based approach to control self-assessment?

A) To evaluate controls regarding the computer security of an oil refinery.
B) To examine the processes involved in exploring, developing, and operating a gold mine.
C) To assess the likelihood and impact of events associated with operating a finished goods warehouse.
D) To link a financial institution's business objectives to a work unit responsible for the associated risk.