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Scoring the Risk (print ref: Part 5, Annex A, Section A.2)

The overall risk for each area can now be calculated by multiplying together the individual scores given for Likelihood of Occurrence, Impact and Controls to arrive at a number between 1 and 64.

This final score can then be used to determine the relative priority. Judgements as to the frequency with which each area should be audited are also helped by examining the assessed risk.

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Risk Assessment

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