Summarize some of the impacts that the Coronavirus impact has had on the risks that organizations face

Q: Issues that can be caused by the following risks: Execution risk Strategic risk Technology risk…

A: Operational risk management (ORM) is characterized as a continuous cyclic process that comprises…

Q: What recommendations will you give to prevent fraud?

A: Fraud is an unethical activity performed against an organization's policy in order to take personal…

Q: Discuss some of the techniques available to reduce risk exposures.

A: Risk exposure is the estimated potential loss from ongoing or upcoming business operations. The…

Q: Describe the effects of risk planning on risk evaluation and treatment.

A: Risks Planning plans help a business to determine what their risks are so that one can lessen their…

Q: What is takaful and how it can be used as a risk mitigation tool and write down the names of types…

A: Takaful may be a style of monotheism insurance whereby members contribute cash into a pool system to…

Q: how does communication aid in assessing inherent risk, control risk and detection risk

A: Factors of Communication aid in Assessing Inherent Risk, Control Risk and detection Risk There are…

Q: Discuss the importance of monitoring and reporting on the institution's compliance with its ALM…

A: Answer  Assets Liability Management(ALM) - is used for manage financial Risk as a result of mismatch…

Q: What is the criticism for using SMB and HML as risk factors?

A: The Fama and French Three-Factor Model (or Fama French Model for short) is an asset pricing model…

Q: List the causes of information risk,and explain how this risk can bereduced

A: Information Risk – It’s a kind of risk which occurs whenever various business risk decision are made…

Q: risk management ideas, common reaction strategies, and IT system recovery issues

A: Some of the important risk management ideas are listed below: Keep an eye on changes in your…

Q: Discuss the risks from equipment failure and how they can be controlled.

A: Under data communication, equipment failure can be defined as the special device or equipment that…

Q: Identify examples of economic and transaction exposure, and discuss how MNCS mitigate these risks.

A: Exchange rate volatility affects small and medium-sized firms, including those that only operate in…

Q: What controls would you implement to

A: Internal Control system: Internal control system can be defined as the set of policies and…

Q: How do auditors use technology to mitigate the challenge of the pandemic?

A: The pandemic disrupted many aspects of accounting. The impact was felt in the field of auditing as…

Q: What are the risks from subversive threats?

A: Taking illegal access over a firm internal system network by doing activity of surpassing the…

Q: What are some suggestions for risk management, typical response tactics, and IT system recovery…

A: Risk management:  A system of people, processes, and technology called risk management helps a…

Q: Explain the benefits of positive risk taking for individuals accessing services

A: Positive risk taking : Risk means loss or harm i.e., something harmful will happen. For an…

Q: Key takeaways/conclusion regarding the Theranos Silicon Valley Disaster

A: The Theranos Silicon Valley disaster is a case related to a biotech startup called Theranos that…

Q: Explain the importance of pooling anddiversification for managing risk.

A: Pooling of risk can be defined as the spread of financial risk evenly among a large number of…

Q: Discuss some of the techniques available to reduce risk exposure.

A: Risk exposure means possible losses which can be occur in future due to specific projects or…

Q: Be able to identify or give examples of political risk

A: Political risk refers to the potential for losses arising from political decisions, events, or…

Q: Explain what the Superfund is and describe the successes and failures of the Superfund initiative.…

A: The Superfund law, officially known as the Comprehensive Environmental Recovery, Compensation and…

Q: Why risk management process is essential

A: Risk management:- Risk management is the method of planning, organizing, directing, and dominant the…

Q: Develop plans to mitigate the risk. A detailed strategy for minimizing the impact of the risk could…

A: In the process of undertaking new projects, risk is ever present. A risk is an uncertain event that,…

Q: Discuss the potential for abuse and fraud in this system. Describe the         controls that should…

A: Fixed Asset: The asset held by company for more than one year is known as fixed asset. Fixed asset…

Q: What factors led to the success of SafeSave?

A: The SafeSave payment services is an online platform that provides the facility for the payments for…