Incident investigation is a vital component of an organization's RAC program.What does RAC stand for?

Question

Quizplus · Accepted Answer

RAC stands for recognition, assessment, and control, which refers to a risk assessment and control program. It encompasses identifying and recognizing risks, assessing their likelihood and impact, and implementing controls to mitigate or eliminate them. Incident investigation is a crucial element of the RAC program, as it helps to identify the root cause of an incident, determine whether it was caused by a risk that was not previously recognized or addressed, and assess the effectiveness of existing control measures.

Incident Investigation Is a Vital Component of an Organization's RAC