Citation Matching

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Project 36230 – Task 1119680

Instructions: Identify the Control, if it exists, to which the Citation should be mapped. Task Description: Match the "Considering Costs and Benefits of Risk Responses ¶ 3" Citation to a Control Authority Document URL: Website URI Document URI

Citation Reference: Considering Costs and Benefits of Risk Responses ¶ 3

Citation Guidance: Management is also responsible for risk responses that address any regulatory obligations, which again may not be optimal from the perspective of costs and benefits, but comply with legal or other obligations (see Example 8.6). In selecting the appropriate response, management must consider the expectations of stakeholders such as shareholders, regulators, and customers.

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