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Certified In Risk And Information Systems Control (CRISC) Practice Test
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Question Number 5
What does risk appetite refer to?
The maximum loss an entity can tolerate
The amount of risk an entity is willing to accept while pursuing its mission
The specific risks identified in a project plan
The risks that an external party is willing to accept
✔ Correct Answer:
The amount of risk an entity is willing to accept while pursuing its mission
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