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A medium-sized healthcare IT business decides to implement a risk management strategy.
Which of the following is NOT one of the five basic responses to risk?
A. Mitigate
B. Accept
C. Delegate
D. Avoid
Answer: C
Explanation:
Explanation
There are five main ways to manage risk: acceptance, avoidance, transference, mitigation or exploitation.
References:
http://www.dbpmanagement.com/15/5-ways-to-manage-risk
NEW QUESTION: 2
Standard III includes which of the following?
A. None of these answers
B. Use of Professional Designation
C. Disclosure of Additional Compensation Arrangements
D. All of these answers
E. Reasonable Basis and Representations
F. Performance Presentation
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Standard III deals with Obligation to Inform Employer of Code and Standards, Duty to Employer, Disclosure of Conflicts to Employer, Disclosure of Additional Compensation Arrangements and Responsibilities of Supervisors.
NEW QUESTION: 3
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B. reduce
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D. distinct
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