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    • Question

      Why do boards oversee risk management practices in an

      organization?
      A To ignore potential risks Correct Answer Incorrect Answer
      B To promote unethical practices Correct Answer Incorrect Answer
      C To safeguard the interests of stakeholders by identifying, assessing, and mitigating risks Correct Answer Incorrect Answer
      D To discourage risk management activities Correct Answer Incorrect Answer

      Solution

      Explanation: Boards oversee risk management to safeguard the interests of stakeholders by identifying, assessing, and mitigating risks.

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