Which of the following is not a risk management process? A.

fulgoripb0b

fulgoripb0b

Answered question

2022-06-02

Which of the following is not a risk management process?
A. Perform Actuarial Risk Analysis.
B. Perform Qualitative Risk Analysis.
C. Perform Quantitative Risk Analysis.
D. Implement Risk Responses.

Answer & Explanation

Barbeyiae6a

Barbeyiae6a

Beginner2022-06-03Added 4 answers

Answer: (D) Implement Risk Responses.
Risk Mamagement is the process of indetifying, controlling and assessing threats to an organization's capital and earnings. Risk Management can be considered as dealing with the possibility and actual occurrence of those events that are not regular or commonly expected.
Implementing Risk responses is the process of keeping track of the identified Risk, Monitoring residual risk and indentifying new risk. It is a process by which risk are kept in the forefront of management discussions and reveiwed on periodic basis.

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