Which of the following best describes the assessment of risks?
A) Assess the actions necessary to reduce the likelihood and/or impact of risk to tolerable levels.
B) Assess the likelihood and/or impact of risk on the achievement of organizational objectives.
C) Assess the amount of risk an organization can accept while pursuing its objectives.
D) Assess alternative strategies to reduce or eliminate major risks.

Question

Quizplus · Accepted Answer

Risk assessment involves evaluating the likelihood and impact of risks on achieving organizational objectives.

Which of the Following Best Describes the Assessment of Risks