A firm is assessing a risk using the risk management process and has just identified the risks to which it is exposed. What is likely to be the next stage in the process? Group of answer choices A. Evaluating risks B. Controlling risks. C. Analysing risks. D. Mitigating risks.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 14CYBK
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 A firm is assessing a risk using the risk management process and has just identified the risks to which it is exposed. What is likely to be the next stage in the process?
Group of answer choices
A. Evaluating risks
B. Controlling risks.
C. Analysing risks.
D. Mitigating risks.
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