Risk management involves all parties in an organisation.
Which of the following describe the Board’s responsibilities for risk management?
A . The Board is responsible for choosing the least risk products to promote.
B . The Board is responsible for maintaining a robust system of internal controls.
C . The Board is responsible for addressing any weaknesses in internal controls.
D . The Board is responsible for considering whether weaknesses in internal controls need to be addressed.
E . The Board is responsible for safeguarding the company’s assets.
Answer: B,D,E