Choose from the following the best definition of risk categorization.
A) Decide how the company will address the prioritized risks
B) Select which risks are most likely to occur or will have the largest impact
C) Categorizing risks based on their types
D) Identifying existing risks and their outcomes

Question

Quizplus · Accepted Answer

Risk categorization involves organizing risks into various types or categories, which helps in understanding and managing them more effectively.

Choose from the Following the Best Definition of Risk Categorization