Which action involves shifting the consequence of a risk and responsibility for its management to a third party?
A) risk avoidance
B) risk acceptance
C) risk transference
D) risk mitigation

Name: Which action involves shifting the consequence of a risk and responsibility for its management to a third party? A) risk avoidance B) risk acceptance C) risk transference D) risk mitigation
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Question

Which action involves shifting the consequence of a risk and responsibility for its management to a third party?
A) risk avoidance
B) risk acceptance
C) risk transference
D) risk mitigation

Quizplus · Accepted Answer

Risk transference involves shifting the consequence of a risk and responsibility for its management to a third party.

Which Action Involves Shifting the Consequence of a Risk and Responsibility