CRISC · Question #101
An organization has decided to postpone the assessment and treatment of several risk scenarios because stakeholders are unavailable. As a result of this decision, the risk associated with these new…
The correct answer is C. accepted. When an organization decides to postpone the assessment and treatment of risk without immediate action, it implicitly accepts the current level of risk. This decision means the organization acknowledges the risk and is willing to bear the potential consequences for a period.
Question
An organization has decided to postpone the assessment and treatment of several risk scenarios because stakeholders are unavailable. As a result of this decision, the risk associated with these new entries has been;
Options
- Amitigated
- Bdeferred
- Caccepted.
- Dtransferred
How the community answered
(18 responses)- A6% (1)
- B6% (1)
- C78% (14)
- D11% (2)
Why each option
When an organization decides to postpone the assessment and treatment of risk without immediate action, it implicitly accepts the current level of risk. This decision means the organization acknowledges the risk and is willing to bear the potential consequences for a period.
Mitigated means actions have been taken to reduce the likelihood or impact of the risk.
Deferred is a general term for postponing, but in risk management, postponing assessment and treatment without other action typically defaults to acceptance rather than a distinct risk response strategy.
Risk acceptance occurs when an organization acknowledges a risk but decides not to take any action to reduce it, often due to low impact, high cost of mitigation, or, as in this case, a temporary inability to act. By postponing assessment and treatment, the organization is implicitly accepting the risk as it stands.
Transferred means shifting the risk to another party, such as through insurance.
Concept tested: Risk response strategies: acceptance
Source: https://learn.microsoft.com/en-us/compliance/regulatory/risk-management-process
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