CPA Australia Financial Risk Management Practice Questions - CPA Program Financial Risk Management Exam

In the ISO 31000 process, 'risk treatment' refers to:

Listing all possible risks in a register Assigning numerical probabilities to each risk Selecting and implementing options to modify risk, such as avoiding, transferring, reducing or accepting it Communicating the risk policy to the board

Correct Answer:

Selecting and implementing options to modify risk, such as avoiding, transferring, reducing or accepting it

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