PrepAway - Latest Free Exam Questions & Answers

Acceptable risk is achieved when:

Acceptable risk is achieved when:

PrepAway - Latest Free Exam Questions & Answers

A.
residual risk is minimized.

B.
transferred risk is minimized.

C.
control risk is minimized.

D.
inherent risk is minimized.

Explanation:

Residual risk is the risk that remains after putting into place an effective risk management
program; therefore, acceptable risk is achieved when this amount is minimized. Transferred risk is
risk that has been assumed by a third party and may not necessarily be equal to the minimal form
of residual risk. Control risk is the risk that controls may not prevent/detect an incident with a
measure of control effectiveness. Inherent risk cannot be minimized.


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