The internal audit group at Freshfield Inc., a produce wholesaler, has tested the company’s IT controls and found security weaknesses in its e-commerce system. This is an example of which type of enterprise risk? a) Strategic risk b) Compliance risk c) Operational risk d) Reporting risk.

The internal audit group at Freshfield Inc., a produce wholesaler, has tested the company’s IT controls and found security weaknesses in its e-commerce system. This is an example of which type of enterprise risk? a) Strategic risk b) Compliance risk c) Operational risk d) Reporting risk.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 11MC: Which of the following is true about the Sarbanes-Oxley Act? A. It was passed to ensure that...

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Question

Accounting

The internal audit group at Freshfield Inc., a produce wholesaler, has tested the
company’s IT controls and found security weaknesses in its e-commerce system.
This is an example of which type of enterprise risk?
a) Strategic risk
b) Compliance risk
c) Operational risk
d) Reporting risk.

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