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Q7 Which of the following statements is most accurate concerning inherent risk? a.Management can eliminate inherent risk by taking mitigating actions. b.Inherent risk is the

Q7 Which of the following statements is most accurate concerning inherent risk? a.Management can eliminate inherent risk by taking mitigating actions. b.Inherent risk is the level of risk that remains after management has taken actions to mitigate the risk. c) Inherent risk results in greater losses than operational risk. d) None of the above.

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