9.)in the risk qualification and prioritization for risk management, which of the following assessed risk where top management and the board will have a continuous focus?

Group of answer choices

10.)High likelihood, high impact

Low likelihood, low impact

High likelihood, low impact

Low likelihood, high impact

Which of the following key issues for planning production and control activities under the Plan-to-Inventory process would be likely the least concern for the Internal Audit Activity?

Group of answer choices

How does management ensure that the items produced conform to the required quality standards, and that defect rates are effectively monitored?

Is management kept informed of overall production performance and efficiency, and what evidence is there of corrective action being taken to address shortcomings, etc.?

What processes ensure that all the required resources and facilities (e.g., materials, staff, machines, knowledge) are available to meet the required production obligations?

How does management ensure that the production and manufacturing requirements are accurately defined and suitably authorized?

What mechanisms ensure that authorized production/manufacturing requirements are effectively communicated to all affected parties, and that suitable plans are agreed and implemented to meet the defined obligations?

What measures does management take to minimize and avoid disruption of production caused by machine breakdown, poorly experienced staff, and absence of raw materials and components?

What measures ensure that the required quantity of products is actually manufactured and accounted and sold for?