Accepting potential impacts of risks without mitigation is an example of transferring the risk.
True
False
This statement is false. Accepting potential impacts without mitigation is known as risk acceptance, not risk transference. Risk transference involves shifting the risk to a third party, such as purchasing insurance or outsourcing services. By accepting the risk, an organization chooses to bear the consequences themselves, whereas risk transference involves another entity assuming the risk on behalf of the organization.
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
Join premium for unlimited access and more features
All plans include the following perks.
Our pricing is simple. Full access to all certifications and exams, for one price.
As many practice tests for as many topics as you want.
Use study mode non-stop, no limits.
No annoying ads and popups. Study without distractions.
Track your scores over time in study mode and report cards.
See how you improve over time, and where you need to focus.
Access our store with even more discounts than before.
Unlimited access to all PBQs and be prepared for the real thing.
Create an account or sign in to access our study materials.