________ means implementing no countermeasures and absorbing any damages that occur.
A) Risk reduction
B) Risk acceptance
C) Risk avoidance
D) None of the above

Question

Quizplus · Accepted Answer

Risk acceptance means that the organization chooses not to implement any countermeasures or mitigation strategies and instead accepts any damages that may occur as a result of the risk. It is a viable option when the cost of implementing countermeasures is higher than the potential loss from the risk.

________ Means Implementing No Countermeasures and Absorbing Any Damages That