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Which of the following risk assessment approaches involves gathering data from work team representing different levels of an organisation?
Correct Answer: C
Facilitated team workshops are a risk assessment approach that involves gathering data from work teams representing different levels of an organization. This method encourages collaboration and open discussion among team members, allowing for a comprehensive identification and evaluation of risks from various perspectives within the organization. It helps in capturing a wide range of insights and facilitates consensus on risk priorities, making it a valuable tool for effective risk assessment. References: * The Institute of Internal Auditors (IIA) Practice Guide on "Risk Assessment in Audit Planning" * COSO Enterprise Risk Management Framework