The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment.

  • Write a proposal of approximately 700 to 1,050 words that shows your plan for the risk assessment project.
  • Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence.
  • Link risk categories to financial statement assertions.
  • Include fraud risks and the incentives, opportunities, and rationalization related to fraud.

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