Risk management is best defined as:
A)The uncertainty of outcomes.
B)The process of controlling the level of household risk.
C)The activity of minimizing household risk.
D)The risk of minimizing the household's activity.
E)The outcome of uncertainty.

Question

Quizplus · Accepted Answer

Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings, which aligns with controlling the level of household risk.

Risk Management Is Best Defined As