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R3-3. Risk management programs are designed to reduce risk to:
A. the point at which the benefit exceeds the expense.
B. a level that is too small to be measurable.
C. a rate of return that equals the current cost of capital.
D. a level that the enterprise is willing to accept.
ANS
D. Risk should be reduced to a level that an organization is willing to accept.

Respuesta :

Risk management programs are designed to reduce risk to D. Risk should be reduced to a level that an organization is willing to accept.

What is Risk management programs?
We purposefully avoided using the word "formal" when describing the risk management programme since it would indicate an overly formalized and complex procedure.

It's true that you may get at many of the conclusions in this book about the IoT and risk, but doing so will frequently depend on luck, intuition, and chance. Relying on gut instinct and chance is the worst thing you can do as a risk manager at any level of the business.

It is advantageous, if not essential, to take a rigorous approach to risk management in order to grasp what you know and don't know about dangers in the IoT. We'll discuss it in later chapters.

To study more about Risk management programs

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