Q696
Which are the methods to manage risks?
A.
Risk Avoidance
B.
Risk Retention
C.
Risk Reduction
D.
All of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Risk Avoidance, Risk Retention and Risk Reduction are the methods to manage risks. There are four main ways to manage risk: risk avoidance, risk transfer, risk reduction and risk retention. Each is applicable under different.