Câu 331: IIA-CIA-PART1: Certified Internal Auditor - Part 1 The Internal Audit Activitys Role in Governance Risk and Control

An organization’s board has approved an expansion plan into a new market. The board acknowledged that if the expansion is not successful, the organization would encounter large monetary losses consisting of legal fees, research and development costs, rent expenses, and labor fees. Which of the following has the board approved?

1. A. The risk response.
2. B. The risk tolerance. — đáp án hiện tại
3. C. The residual risk.
4. D. The inherent risk.