QUESTION 1
Risk analysis helps companies prioritize their risks and shows management the amount of money that should be applied to protecting against those risks in a sensible manner. Risk analysis has four main goals
(a) What are the four main goals
(b) Discuss the four main goals
(c) What are the main objectives of a risk analysis?
QUESTION 2
The Board is ultimately responsible and accountable for management of all aspects of the business and consequently for ensuring that the risk management and treatment that is in place is adequate. What should the duties of the Board ?