8.18

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Risk Assessment

Principle 8 - Assess Fraud, Improper Payment, and Information Security Risk

Attribute 8.18 - Management analyzes and responds to identified fraud, improper payment, and information security risks so that they are effectively mitigated. These risks are analyzed through the same risk analysis process performed for all identified risks. Management analyzes the identified risks by estimating their significance to assess their impact on achieving the defined objectives.

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