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Please order the following risk assessment steps, according to COSO ERM 2004. estimate the likelihood (i.e., the probability) of each risk occurring determine whether to
Please order the following risk assessment steps, according to COSO ERM 2004. estimate the likelihood (i.e., the probability) of each risk occurring determine whether to accept the risks reduce (control) them, share, or avoid the risk perform cost/benefit analysis of each risk and control estimate the impact of each risk estimate costs and benefits of implementing controls identify controls to reduce the probability of the risk identify risks
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