____ involves determining how much risk is acceptable for any process or operation, such as replacing equipment.
A) Risk configuration
B) Change management
C) Configuration management
D) Risk management

Question

Quizplus · Accepted Answer

Risk management involves assessing and determining acceptable levels of risk for a given process or operation, and implementing measures to mitigate and manage those risks. Choice A (Risk configuration) is not a commonly used or recognized term in risk management. Choice B (Change management) refers to the process of planning, implementing, and managing changes to a system or process, but does not specifically address risk. Choice C (Configuration management) involves managing and controlling the configurations of hardware and software in a system, but does not necessarily address risk.

____ Involves Determining How Much Risk Is Acceptable for Any