Question

What is the objective of ISRA? SSM

a) To mitigate financial, legal, operational, and other risks by monitoring the control environment on a regular basis. It helps mitigate risks of Fraud, Theft and helps maintain healthy owner relations.
b) To ensure the Credit Limit and other reports are filled appropriately
c) To prevent Marriott from losing money

Answer 1

ISRA aims to mitigate various risks through regular monitoring, including financial, legal, operational, and others like fraud and theft, while also ensuring correct report filing and preventing substantial financial losses.

Step-by-step explanation:

The objective of ISRA (Internal Security Risk Assessment) within an organization like SSM is primarily to mitigate financial, legal, operational, and other risks by monitoring the control environment on a regular basis. This includes efforts to reduce the risks of fraud and theft, as well as fostering healthy owner relations.

Moreover, ISRA aims to ensure that the Credit Limit and other reports are filled out appropriately, which is vital for maintaining financial stability and accountability within a corporation. Lastly, one of ISRA's objectives is to prevent substantial financial losses, which is particularly relevant to companies like Marriott that operate in a high-stakes financial environment.