menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Certification
  3. Study Set
    Institute of Internal Auditors (IIA)
  4. Exam
    Exam 3: The Internal Audit Activity Role in Governance, Risk, and Control
  5. Question
    According to IIA Guidance, Which of the Following Best Describes
Solved

According to IIA Guidance, Which of the Following Best Describes

Question 361

Question 361

Multiple Choice

According to IIA guidance, which of the following best describes how risks are measured?


A) Likelihood and probability.
B) Impact and relevance.
C) Velocity and rate of occurrence.
D) Likelihood and impact.

Correct Answer:

verifed

Verified

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

Related Questions

Q356: Due to urgent requests from management, a

Q357: Senior management at a financial institution has

Q358: An internal auditor has taken an attributes

Q359: An internal quality assessment of the internal

Q360: An employee who recently transferred into the

Q362: In selecting an instructional strategy for developing

Q363: In a manufacturing organization, all sales prices

Q364: Which of the following internal control weaknesses

Q365: According to the IIA guidance, who is

Q366: Which of the following controls could an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines