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Corporate Governance Course > DAR(M)R > Flashcards

DAR(M)R Flashcards

1
Q

A process of monitoring the effectiveness of the response to the risk should be established, 3 examples are:

A
  1. Stress testing
  2. Develop SMART measures to monitor the effectiveness of the risk response
  3. Use of internal audit

SMART
Specific, Measurable, achievable, relevant, time based

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Corporate Governance Course (32 decks)

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