CS0-003 · Question #481
Which of the following risk management decisions should be considered after evaluating all other options?
The correct answer is B. Acceptance. Risk acceptance is the decision to accept the risk's consequences when mitigation, transfer, or avoidance are not feasible or cost-effective. It is chosen when the residual risk aligns with the organization's risk appetite. This step occurs after thoroughly assessing other…
Question
Which of the following risk management decisions should be considered after evaluating all other options?
Options
- ATransfer
- BAcceptance
- CMitigation
- DAvoidance
How the community answered
(52 responses)- A2% (1)
- B87% (45)
- C4% (2)
- D8% (4)
Explanation
Risk acceptance is the decision to accept the risk's consequences when mitigation, transfer, or avoidance are not feasible or cost-effective. It is chosen when the residual risk aligns with the organization's risk appetite. This step occurs after thoroughly assessing other options.
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