Reduce: Difference between revisions

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imported>Doug Williamson
(Align with study material.)
imported>Doug Williamson
(Amend 'retain' to 'accept'.)
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''Risk management''.
''Risk management''.


A choice in relation to an identified risk to retain it, but to take some internal action to mitigate or limit its impact, most commonly systems and internal controls.
A choice in relation to an identified risk to accept it, but to take some internal action to mitigate or limit its impact, most commonly systems and internal controls.





Revision as of 16:43, 30 May 2016

Risk management.

A choice in relation to an identified risk to accept it, but to take some internal action to mitigate or limit its impact, most commonly systems and internal controls.


See also