CIMA P3 Risk Management Practice Questions - CIMA Strategic Level P3 Risk Management Exam

The 'TARA' framework classifies risk responses. What does each letter represent?

Transfer, Accept, Reduce, Adjust Treat, Assess, Report, Audit Treat, Avoid, Reduce, Accept Transfer, Avoid, Reduce, Accept

Correct Answer:

Transfer, Avoid, Reduce, Accept

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