What should you do if the severity of a risk is low and the frequency of the risk event occurring is high?

Name: What should you do if the severity of a risk is low and the frequency of the risk event occurring is high?
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Accepting the risk is often considered the best approach when the severity of a risk is low, even if the frequency of occurrence is high, because the cost and effort to mitigate or avoid it might not be justified.

What Should You Do If the Severity of a Risk