Which of the following are the goals of risk management? (Choose three)

The correct answer is A. Identifying the risk B. Assessing the impact of potential threats C. Finding an economic balance between the impact of the risk and the cost of the countermeasure. There are three goals of risk management as follows: Identifying the risk Assessing the impact of potential threats Finding an economic balance between the impact of the risk and the cost of the Answer: D is incorrect. Identifying the accused does not come under the scope of risk

Audit Fundamentals & Planning

Question

Options

AIdentifying the risk
BAssessing the impact of potential threats
CFinding an economic balance between the impact of the risk and the cost of the countermeasure
DIdentifying the accused

How the community answered

(39 responses)

A
79% (31)
D
21% (8)

Explanation

There are three goals of risk management as follows: Identifying the risk Assessing the impact of potential threats Finding an economic balance between the impact of the risk and the cost of the Answer: D is incorrect. Identifying the accused does not come under the scope of risk

Topics

#risk management goals#risk identification#threat impact assessment#countermeasure cost-benefit

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