Citation Matching
Project 36230 –
Task 1119725
| Instructions: Identify the Control, if it exists, to which the Citation should be mapped. | Task Description: Match the "Selecting Severity Measures ¶ 1" Citation to a Control | Authority Document URL: Website URI Document URI |
|
Citation Reference: Selecting Severity Measures ¶ 1 Citation Guidance: Management selects measures to assess the severity of risk. Generally, these measures align to the size, nature, and complexity of the entity and its risk appetite. Different thresholds may also be used at varying levels of an entity for which a risk is being assessed. The thresholds used to assess the severity of a risk are tailored to the level of assessment - by entity or operational unit. Acceptable amounts of risk to financial performance, for example, may be greater at an entity level than an operating unit level. | ||
Compare Guidance Text
|
The new guidance differs from the current guidance, see below:
The new guidance is identical to the current guidance.
|
Why are you sending the task back? (optional)