Which of the following functions includes identifying the sources of risk and may include offering advice on controls that can reduce risk? Risk managementRisk assessmentSystems testingVulnerability assessment

It is Risk Assessment

Explanation:

Risk Assessment is process of identifying and analyzing potential events that may negatively impact on the business either as individual or in aggregate and prevent the company from achieving its objectives.

Each business has its own inherent risks and a conscious efforts must be made to identify and analyse them using impact assessment. Necessary measures must be put in place to prevent or reduce their impacts.