Which is the most appropriate statement? a. The other concept that needs to be considered is that

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Which is the most appropriate statement?

a. The other concept that needs to be considered is that risk, in the context of achieving objectives has both an upside and downside. In our model we call these right and wrong directions.

b. The other concept that needs to be considered is that risk, in the context of achieving objectives has both an upside and downside. In our model we call these threats and negatives.

c. The other concept that needs to be considered is that risk, in the context of achieving objectives has both an upside and downside. In our model we call these threats and opportunities.

d. The other concept that needs to be considered is that risk, in the context of achieving objectives has both an upside and downside. In our model we call these risk averse and risk taking.

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The Internal Auditing Handbook

ISBN: 9780470518717

3rd Edition

Authors: K. H. Spencer Pickett

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