Exam4Training

Which of the following would be an appropriate conclusion to report to management?

An internal auditor completed an audit of a bank’s loan department and found all significant risks to be managed adequately through effective internal controls.

Which of the following would be an appropriate conclusion to report to management?
A . The residual risk is lower than or equal to the risk appetite.
B . The residual risk is higher than or equal to the risk appetite.
C . The inherent risk is lower than or equal to the risk tolerance.
D . The inherent risk is higher than or equal to the risk tolerance.

Answer: A

Latest IIA-ACCA Dumps Valid Version with 604 Q&As

Latest And Valid Q&A | Instant Download | Once Fail, Full Refund

Exit mobile version