Which of the following is an indicator that an organization's risk management processes are effective?

Question

adnan reubin · Accepted Answer

Organization wide mechanisms exist to enable the identification and assessment of all significant risks.

adnan reubin · Answer

Departmental objectives are managed by department heads and are independent of the organization's mission.

adnan reubin · Answer

Department heads have the autonomy to determine risk responses that fall outside of the organizations risk appetite

adnan reubin · Answer

Relevant risk information is captured and communicated primarily between management and the board

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