Which of the following is the BEST way to ensure adequate resources will be allocated to manage identified risk?

Prioritizing risk within business units is an important step in risk management but does not inherently guarantee that resources will be allocated for those priorities without explicit ownership.

Reviewing risk ranking methodology helps ensure consistency and accuracy in risk assessment, but it does not directly lead to the allocation of resources for risk management.

Promoting an organizational culture of risk awareness is beneficial for overall risk posture but does not directly translate into the allocation of specific resources for identified risks.

Assigning specific risk ownership to appropriate roles creates accountability, ensuring that designated individuals or departments are responsible for managing the identified risks and are thus compelled to allocate necessary resources for mitigation and monitoring.