Dana Parker is the CEO of Jefferson Wholesale (JW). Dana has become aware that even though a risk assessment has been conducted on the inventory system of JW with risk treatment involving the introduction of several controls, there is still a risk of stock errors and losses remaining. What is this type of risk called?

Select one:

A.

Undetected risk

B.

Inherent risk

C.

Residual risk

D.

Untreatable risk