Auditors would use the Enterprise Risk Model.
A)To reduce the client's business risk
B)To determine detection risk
C)To evaluate management's risk assessment
D)To monitor client risk

Question

Quizplus · Accepted Answer

The Enterprise Risk Model is used by auditors to evaluate management's risk assessment. This allows auditors to gain an understanding of the organization's risk management processes and to identify areas of concern that may need further attention. The model is not used to reduce business risk, determine detection risk, or monitor client risk.

Auditors Would Use the Enterprise Risk Model