Identify the major causes of information risk


Response to the following questions:

1. Distinguish among the following three risks: risk-free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by performing an audit?

2. Identify the major causes of information risk and identify the three main ways information risk can be reduced. What are the advantages and disadvantages of each?

 

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Auditing: Identify the major causes of information risk
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