Risk _______________ means absorbing any damages that occur.
A)acceptance
B)analysis
C)limitation
D)transference

Name: Risk _______________ means absorbing any damages that occur. A)acceptance B)analysis C)limitation D)transference
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Question

Quizplus · Accepted Answer

Risk acceptance means the decision to accept and absorb any damages that may occur instead of transferring or avoiding them. It is typically used when the cost of mitigating the risk is higher than the potential loss from accepting the risk.

Risk _______________ Means Absorbing Any Damages That Occur