Citation Matching
Project 36230 –
Task 1119610
| Instructions: Identify the Control, if it exists, to which the Citation should be mapped. | Task Description: Match the "Establishing the Criteria ¶ 1" Citation to a Control | Authority Document URL: Website URI Document URI |
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Citation Reference: Establishing the Criteria ¶ 1 Citation Guidance: Organizations prioritize risks in order to inform decision-making on risk responses and optimize the allocation of resources. Given the resources available to an entity, management must evaluate the trade-offs between allocating resources to mitigate one risk compared to another. The prioritization of risks, given their severity, the importance of the corresponding business objective, and the entity's risk appetite helps management in its decision-making. | ||
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