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What best describes a 'Recurring' process within risk management practices?
An ongoing operation without set intervals
An action taken as needed, without a regular schedule
An activity that is conducted at regular intervals
A unique process that occurs once and is not intended to be repeated
A 'Recurring' process refers to a routine or periodic activity that takes place at regular intervals. In the context of risk management, it pertains to the consistent reevaluation of potential risks to the organization to ensure that new and evolving threats are identified and managed effectively. It contrasts with 'Ad Hoc', which is done as needed, 'One-Time', which is done once and not repeated, and 'Continuous', which implies an ongoing process without set intervals.
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