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Control should be implemented to reduce risk to :

A. Zero B.Level at which management believes the risk benefits is less than its cost. c. The level of materiality specified by the audit commitee.

Quality Auditing
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Question added by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP
Date Posted: 2014/07/11
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SAHL HIJAZI
by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP

The Answer is B" : Level at which management believes the risk benefits is less than its cost.

Arvind Kumar Yadav
by Arvind Kumar Yadav , Assistant Manager Technical , Aristocrat India pvt Ltd

Yes, Avoidance of Risk. Risk Mitigation. Transfer of Risk. Risk Acceptance.

syed tahmul ullah hussaini
by syed tahmul ullah hussaini , SENIOR MECHANICAL ENGINEER , SAUDI BINLADIN GROUP

OPTION B IS THE RIGHT ANSWER .LEVEL AT WHICH MANAGEMENT BELIEVE THE RISK BENEFIT IS LESS THAN ITS COST

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