Internal Audit: If a risk appears in the bottom right of quadrant II (Bottom rig
ID: 2423056 • Letter: I
Question
Internal Audit: If a risk appears in the bottom right of quadrant II (Bottom right corner) in a control map it means:
a. There is an appropriate balance between risk and control
b. The controls may be excessive relative to the risk.
c. The controls may be inadequate relative to the risk.
If it appears in the middle of quadrant IV (top right corner)in a risk control map:
a. There is an appropriate balance between risk and control
b. The controls may be excessive relative to the risk
c. The controls may be inadequate relative to the risk
Which circumstances would concern the internal auditor the most?
a. A risk in the upper left corner of quadrant III (Upper left corner)
b. A risk in the upper right corner of quadrant IV (Upper right corner)
c. A risk in the lower right corner of quadrant II (Bottom right corner)
Explanation / Answer
1.
b. The controls may be excessive relative to the risk.
2.
a. There is an appropriate balance between risk and control
3.
a. A risk in the upper left corner of quadrant III (Upper left corner)
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