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Risk monitoring is MOST effective when it is conducted:
Correct Answer: C
Effectiveness of Risk Monitoring: * Continuous risk monitoring throughout the risk treatment planning process ensures that changes in the risk environment are detected early and addressed promptly. * It allows for real-time adjustments and improvements to the risk treatment plan. Phases of Risk Monitoring: * Before Treatment:Initial monitoring helps in understanding the baseline risk levels and identifying critical areas that need attention. * During Treatment:Ongoing monitoring ensures that the risk treatment measures are effective and any deviations are corrected timely. * After Treatment:Post-treatment monitoring verifies the long-term effectiveness of the risk responses and identifies any residual risks. References: * ISA 315 (Revised 2019), Anlage 5discusses the importance of continuous monitoring in risk management to adapt to changes and ensure the effectiveness of risk treatments.