Which of the following best describes the internal audit activity's contribution to the implementation of the risk management framework?

Question

Brian Bell · Accepted Answer

Internal audit identifies key risk areas during assurance reviews and provides audit findings.

Brian Bell · Answer

Internal audit assists with the prioritization of identified risks.

Brian Bell · Answer

Internal audit participates in setting the risk appetite.

Brian Bell · Answer

Internal audit takes part in the design of risk mitigation measures.

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