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Let's wrap it up with **_Zero Tolerance and Zone of Risk_**. Zero tolerance means that an organization does not tolerate certain behaviors. Zero tolerance applies to fraud. It also applies to ethics violations. Zero tolerance is also used for policy violations. A zero-tolerance policy sends a clear message. It demonstrates that the organization has standards. Zero tolerance helps to prevent unwanted behavior. Internal auditors are often involved in establishing. They also help enforce zero-tolerance policies. Zero tolerance helps to make sure that the policies are followed. It helps to ensure that the organization operates ethically. Also, internal audit helps to make sure that this culture is in place. Next, **_Zone of Risk_** is the area where the organization faces risks. The zone of risk is very broad. It includes every department, process, and business activity. The zone includes financial risks. It also includes operational risks. The zone includes compliance risks. It includes strategic risks. Internal auditors help to identify the risks. They assess the organization’s zone of risk. Also, internal auditors have to evaluate and manage these risks. Zero tolerance and the zone of risk are both important concepts. Zero tolerance is an important principle. Zone of risk identifies where the organization has risks. Internal auditors work with these concepts. They help organizations to operate effectively.
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