Enterprise risk management involves replacing risky investments with investments in low-risk government securities.

Question

Quizplus · Accepted Answer

Enterprise risk management involves identifying and assessing risks, and developing strategies to manage and mitigate those risks through a variety of methods, such as risk transfer, risk reduction, or risk acceptance. It does not necessarily involve replacing risky investments with low-risk government securities, although that may be one possible risk management strategy for certain types of investments or organizations.

Enterprise Risk Management Involves Replacing Risky Investments with Investments in Low-Risk