Acceptable risk is achieved when:

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.