Q5 - After business risks have been identified they should be assessed in terms of their inherent a Impact and likelihood b Likelihood and

Q5 - After business risks have been identified they...

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After business risks have been identified, they should be assessed in terms of their inherent: a.Impact and likelihood.b.Likelihood and probability.c.Significance and severity.d.Significance and control effectiveness. Which of the following is true regarding business process outsourcing? Refer to Exhibit 5-16 (ignore the data points in the exhibit). If a risk appears in the bottom right quadrant in the risk control map shown in Exhibit 5-16, it means that:

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