Preliminary risk identification can be affected by
A) fraud risk.
B) corporate governance.
C) both a and b
D) none of the above

Question

Quizplus · Accepted Answer

Both fraud risk and corporate governance can impact preliminary risk identification. Fraud risk can increase the likelihood of certain risks, while poor corporate governance can result in inadequate risk management practices. Both factors should be considered during the risk identification process.

Preliminary Risk Identification Can Be Affected by