Which of the following is one of the advantages of organizing the risk universe by...

Comprehensive and Detailed Explanation:

When risks are organized by processes, audits capture interfaces between organizational units (A) — i.e., the handoffs where errors and control breakdowns often occur. This approach ensures risks are evaluated across functional boundaries, improving coverage and understanding of interdependencies. Option B is incorrect — process-based audits can be more time-consuming, not less. Option C is subjective and not guaranteed. Option D exaggerates — no audit achieves " true completeness. " The recognized advantage is that process-based audits capture risk and control interactions across departments, aligning with best practices in risk-based auditing.