P3 Exam Dumps : Risk Management

It is entirely appropriate that Tom and Peter have this kind of relationship and both are acting in the best interests of the company.

Non-contentious board meetings show how well Tom and Peter are running the company and shows that the management is cohesive.

The relationship between Peter and Tom may have a detrimental effect on company decision making as the Board is not always being informed about matters in an unbiased manner.

Since the non-executive chair clearly has a significant role within this company there is little danger that any individual will become excessively dominant.

Potential clients for HBN's services will expect to receive copies of these independent reports immediately after they are submitted.

The independent accountancy firm will disclose all of the shortcomings that it identifies in its report, even if they embarrass HBN

HBN could save time and reduce cost by having its own internal audit department conduct these investigations and report accordingly.

It would prove simpler for HBN to permit clients to conduct their own cybersecurity reviews that would take account of the sensitivity of their data

The independent accountancy firm will guarantee that there are no control weaknesses in HBN's systems, provided its results prove satisfactory

Internal controls are only suitable for large businesses.

Employees could ignore the internal controls.

If Rio does not support the internal control system then the controls may not be adhered to.

Internal controls may slow down the speed with which the architects can respond to enquiries.

Internal controls will usually mean hiring more staff.