Which of the following steps within the enterprise risk management (ERM) process should occur immediately after...
Which of the following steps within the enterprise risk management (ERM) process should occur immediately after the risk assessment?
a.Risk Response
b.Risk Identification
c.Risk Monitoring
d.Risk Appetite Determination
Homework Answers
The answer is 'a' that is Risk Response. After risk assessment the next step is risk response. Risk Identification is done before risk assessment and Risk Monitoring is done later on after Risk assessment.
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