0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How the risk factors leading to harm and abuse can be reduced?
they cant
Which is the risk factor that you cant control?
there are many risk factors them being: - smoking - being overweight - no exercise, unhealthy food - high salt intake, excess alcohol but the one your looking for in 'Inherited Genes'
What is the major difference between non modifiable and modifiable risk factors?
Non modifiable risk factors are things you cannot control such as age, race and family history. Modifiable risk factors on the other hand are things you can control such as weight, physical inactivity and smoking.
List three factors which are to be balanced against the benefits of a risk control when reducing risks 'so far as is reasonably practicable'?
Cost, time and safety are the three factors that can be balanced against the benefits of a risk control when reducing the risks.
Factors such as age gender family history and genetics are risk factors while risk factors are ones that are in your power to change?
Yes, risk factors for certain conditions or diseases, such as age, gender, family history, and genetics, are not within our control and cannot be changed. On the other hand, modifiable risk factors are factors that we can change or manage, such as diet, exercise, smoking habits, and alcohol consumption. By addressing modifiable risk factors, we can take actions to reduce our risk for certain health conditions.
What is the difference between Inherent Risk and Control Risk?
Inherent Risk is embeded in the Model or the structure of the Company, such as Banks and financial institutions have an inherent risk of Robbery as cash is being handled at high volumes.This cant be controlled due to the basic structure of the business. The Auditor can not change this risk due to its embeded nature. Control Risk on the contrary is the Risk due to Internal Control implemented in order to minimize material misstatements. Management designs the internal control system in order to prevent material misstatement occurence. Auditor again cant change this and has to tune the Detection risk based on the level of these 2 risks.
What are the four factors in risk assessment?
risk assessment means; 1. dividing job as different stages. 2. what are the risk involved in it. 3.classification of risk. 4. control measures/rectifications.
What are elements of internal control?
An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring
Distingush between systematic and unsystematic risks which is often regarded as the only relevant risk and why?
It is the risk which is due to the factors which are beyond the control of the people working in the market and that's why risk free rate of return in used to just compensate this type of risk in market. This is the risk other than systematic risk and which is due to the factors which are controllable by the people working in market and market risk premium is used to compensate this type of risk. Total Risk = Systematic risk + Unsystematic Risk As systematic risk is beyond the control of people working in market that;s why it is defenately not the relevent risk because anything not controllable is irrelevant and that's why unsystematic risk is the relevant risk because it is in the control of investor to in which security to invest or not.
What are some risk factors of lupus?
Risk factors for getting the disease or risk factors if you already have the disease?
What is independent and dependent risk factors of the disease?
Statistically: Dependent risk factors require other risk factors to reach statistical significance Independent risk factors are still statistically significant when adjusted for known risk factors
Your attitudes are your best defense or collisio-risk factors or risk defense?
Risk Factors
