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    Institute of Internal Auditors (IIA)
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    Exam 3: The Internal Audit Activity Role in Governance, Risk, and Control
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    What Is the Primary Purpose of a Risk Management Program
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What Is the Primary Purpose of a Risk Management Program

Question 234

Question 234

Multiple Choice

What is the primary purpose of a risk management program?


A) Reduce risk to a tolerable level.
B) Reduce all risks regardless of costs.
C) Transfer all risks to external third parties.
D) Identify every significant risk to avoid it.

Correct Answer:

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