The initial step in the risk management process is to
A) Determine the level of acceptable risk.
B) Assess the risk potential.
C) Identify the risks.
D) Set aside budget funds for managing the risks.
E) Appoint a risk manager.
Correct Answer:
Verified
Q2: A list of questions that address traditional
Q3: An uncertain event or condition that, if
Q5: The attempt to recognize and manage potential
Q8: The cost impact of a risk event
Q9: Adopting proven technology instead of experimental technology
Q11: The risk management tool that is divided
Q12: The chances of a risk event occurring
Q22: _ focuses on how to respond to
Q27: Which of the following groups should NOT
Q32: Which of the following is NOT one
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