____________Is the Risk in Any Activity, Regardless of the Existence

____________is the Risk in any activity, regardless of the existence or effectiveness of controls. Where as ___________is the extent of uncertainty remaining after the mitigating effects of the control system are in place. The extent to which an organization has implemented controls to minimize the actual occurrence of the risk determines the vulnerability to the risk actually occurring.

A) Potential risk, quality risk
B) Inherent risk, control risk
C) Control risk, quality risk
D) Internal risk, control risk

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free