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danny2012 danny2012
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2 months ago

The process to assess risk involves estimating the impact from each risk. What does impact refer to?



The likelihood of the risk occurring.



The cost to mitigate the risk.



The potential loss in dollars due to the risk.



The benefit from implementing a control activity.

Textbook 
Accounting Information Systems

Accounting Information Systems


Edition: 4th
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jvigil33jvigil33
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2 months ago
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danny2012 Author
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Helped a lot
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Thank you, thank you, thank you!
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Thanks
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