(A) Management identifies, analyzes and responds to risks related to achieving the defined objectives.
(B) The Clerk-Treasurer will identify, analyze and respond to the risks identified in § 37.030 of this chapter by determining:
(1) How likely the risk is to occur;
(2) How it will impact the objective;
(3) If the risk is based on complex or unusual transactions; and
(4) If the risk is based on fraud.
(C) Once each risk has been identified and analyzed, the Clerk-Treasurer will work with department heads to determine how to respond to each risk with a specific solution and action.
(Ord. 2016-04, passed 7-5-2016)