Review and evaluate is an important step in the risk management process because
A)conditions change and mistakes may be identified.
B)it is nearly impossible to evaluate risk effectively.
C)of the challenges in identifying small business risks.
D)of the difficulty in selecting effective methods.

Question

Quizplus · Accepted Answer

Review and evaluate is important in the risk management process because conditions can change, and mistakes can be identified in the risk assessment process. Therefore, it is necessary to review and evaluate risks periodically to ensure that the risk management plan is still effective and relevant.

Review and Evaluate Is an Important Step in the Risk