Which of the following statements about a common risk language is true?

An organization is beginning to implement an enterprise risk management program. One of the first steps is to develop a common risk language.

Which of the following statements about a common risk language is true?
A . Management will be able to reduce inherent risk because they will have a better understanding of risk.
B . Internal auditors will be able to reduce their sample sizes because controls will be more consistent.
C . Stakeholders will have more assurance that the risks are assessed consistently.
D . Decision makers will understand that the likelihood of missing or ineffective controls will be reduced.

Answer: C

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