Management is responsible for implementing effective controls to control risks identified in a risk assessment.Which of these would not be considered to impact on management's risk assessment?
A)Expanding foreign exchange operations.
B)Changing the external auditor.
C)New personnel.
D)New technology.

Question

Quizplus · Accepted Answer

Changing the external auditor does not directly impact management's risk assessment as it is more related to the audit process rather than the internal risk management processes.

Management Is Responsible for Implementing Effective Controls to Control Risks