Risk ____ measures risk likelihood and impact.
A)assessment
B)management
C)identification
D)control

Question

Quizplus · Accepted Answer

Risk assessment involves identifying and evaluating potential risks in order to determine their likelihood and potential impact. Risk management involves developing strategies to mitigate or manage those risks. Risk identification is the first step in the risk assessment process, and risk control is the implementation of strategies to reduce or eliminate risks.

Risk ____ Measures Risk Likelihood and Impact