Risk Management Quiz

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Questions and Answers

Risk management is the process of identifying, assessing and controlling threats to an organization's ______. Answer: capital and earnings.

Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value, often focusing on negative, undesirable ______. Answer: consequences.

The international standard definition of risk for common understanding in different applications is “effect of uncertainty on ______.” Answer: objectives.

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