Risk Retention is not a good idea if:
A) the risk is unimportant
B) you did not identify the risk
C) the frequency is so low it almost will never happen
D) the exposure is potentially catastrophic

Question

Quizplus · Accepted Answer

Risk retention involves accepting and managing the risk internally without transferring it to an external party. This strategy may not be a good idea if the exposure to the risk is potentially catastrophic, as it can lead to significant financial losses or reputational damage.

Risk Retention Is Not a Good Idea If