____ is the quantity and nature of risk that organizations are willing to accept as they evaluate the trade-offs between perfect security and unlimited accessibility.
A) Residual risk
B) Risk appetite
C) Risk assurance
D) Risk management

Question

Quizplus · Accepted Answer

Risk appetite refers to the level of risk that an organization is willing to accept while pursuing its objectives. It involves balancing the need for security with the need for accessibility in order to make informed decisions about risk management. Residual risk refers to the remaining risk that exists after risk management strategies have been implemented. Risk assurance is the process of ensuring that risk management policies and procedures are effective and being followed. Risk management is the overall process of identifying, assessing, and managing risks to an organization.

____ Is the Quantity and Nature of Risk That Organizations