Question
Which of the following statements is TRUE? a.The risk framework informs and guides all aspects of the organisations approach to risk management and provides a
Which of the following statements is TRUE? a.The risk framework informs and guides all aspects of the organisations approach to risk management and provides a diagnostic tool to evaluate the adequacy of its risk management. b.Risk principles are the set of components that provide the foundations and organisational arrangements for designing, implementing, monitoring, reviewing and continually improving risk management throughout the organisation. c.The risk management process is the systematic application of management policies, procedures and practices to the activities of establishing the context, and identifying, analysing, evaluating, treating, monitoring and reviewing risk. d.All of the above.
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