6.04: Difference between revisions

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Latest revision as of 19:23, 15 August 2026

Risk Assessment

Principle 6 - Define Objectives and Risk Tolerances

Attribute 6.04 - Management defines objectives in measurable terms so that performance toward achieving those objectives can be assessed. Measurable objectives are generally free of bias and do not require subjective judgments to dominate their measurement. Measurable objectives are also stated in a quantitative or qualitative form that permits reasonably consistent measurement.

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