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Recommendation Details
Text of Recommendation
IAF develop and implement an enterprise risk management policy that fully defines the Foundation's risk management policies, procedures, and strategy, including (a) the organization's processes and methodologies for categorizing risk; (b) developing a risk profile; (c) assessing risk and risk appetite/tolerance levels and responding to risk; and (d) monitoring risk.
Recommendation Number
1
Recommendation Status
Closed
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0