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Which of the following best reflects the definition of risk appetite? The inherent risk or gross risk that an organization faces The risk that is

Which of the following best reflects the definition of risk appetite?

The inherent risk or gross risk that an organization faces

The risk that is controlled through putting mitigating measures such as internal controls in place

The amount of risk that an organization accepts in the pursuit of value

The risk that remains after controls have been put in place

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