What is a core tenant of risk management?

The correct answer is E. You can manage, transfer, accept, or avoid risks. The following processes help form the foundation of managing risk in cloud computing deployments. One of the core tenents of risk management is that you can manage, transfer, accept, or avoid risks. But everything starts with a proper assessment.

Legal, Risk, and Compliance

Question

Options

AIf there is still residual risk after assessments and controls are in place, you must accept the risk.
BRisk insurance covers all financial losses, including loss of customers.
CThe consumers are completely responsible for all risk.
DThe provider is accountable for all risk management.
EYou can manage, transfer, accept, or avoid risks.

How the community answered

(34 responses)

A
3% (1)
B
6% (2)
C
3% (1)
D
12% (4)
E
76% (26)

Explanation

The following processes help form the foundation of managing risk in cloud computing deployments. One of the core tenents of risk management is that you can manage, transfer, accept, or avoid risks. But everything starts with a proper assessment.

Topics

#risk management#risk treatment options#risk transfer#risk acceptance

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