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Which one of the following best describes how internal audit compliments a risk management initiative? Select one: A . Internal audit tests controls for risks
Which one of the following best describes how internal audit compliments a risk management initiative?
Select one:
A Internal audit tests controls for risks identified by risk managers. Risk management and internal audit are similar
in that they are both charged with protecting the assets of an organization.
B Risk managers identify, assess and prioritize risks with the assistance of intfff al audit. Internal audit requires
that the controls for the risks are tested.
C Risk managers identify, assess and prioritize risks. Internal audit develops a riskbased auditing plan that
addresses material risks to an organization.
D Internal audit tests the controls initiated by the risk management team, The risk management team reviews the
results and responds to internal audit on the control assessment.
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