Multiple Choice
An entity's risk assessment process ________.
A) should be reevaluated every five years to respond to changing market conditions and threats
B) should only solicit feedback from and be crafted by top management
C) is its process for identifying and responding to risks that an organization will not achieve its objectives
D) is the same as the auditor's consideration of risk
Correct Answer:
Verified
Correct Answer:
Verified
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