_______is the risk that can be controlled by various preventative measures such as adding personnel to a function, installing burglar alarms, increasing the frequency and level of management review, or implementing tighter standards. Where as _______ is the Risk that can be transferred by purchasing insurance policies to cover losses of several types such as cash, property, or facilities.

Question

Quizplus · Accepted Answer

"Control the risk" involves taking measures to reduce or manage risk, while "Transfer the risk" involves shifting the risk to another party, such as through insurance.

_______Is the Risk That Can Be Controlled by Various Preventative