The likelihood that an adverse or unwanted event could occur is referred to as a(n)
A)threat.
B)exposure.
C)risk.
D)loss.

Question

Quizplus · Accepted Answer

Risk refers to the potential for harm or loss resulting from a particular exposure or activity. It is the likelihood that an adverse or unwanted event could occur, such as injury, illness, property damage, financial loss, or reputational damage. Threat, exposure, and loss are related concepts, but they do not capture the idea of uncertainty or probability that is central to risk. Threat refers to the source or cause of harm, exposure refers to the extent or duration of contact with the risk, and loss refers to the actual harm or damage that results from the risk event.

The Likelihood That an Adverse or Unwanted Event Could Occur