Question

Each of the following is considered by management to be part of a risk assessment, except

a. inherent risk.
b. unknown risk.
c. actual residual risk.
d. target residual risk.

Answer 1

This question is about risk assessment and its different components.

Step-by-step explanation:

The question is about risk assessment, which is a concept studied in Business. Risk assessment is the process of identifying, evaluating, and prioritizing risks to determine their potential impact on an organization. Each of the options in the question relates to different aspects of risk assessment. Inherent risk refers to the risk that exists without any intervention or mitigation measures. Unknown risk refers to risks that are not currently identified or understood. Actual residual risk is the risk that remains after mitigation actions have been taken. Target residual risk is the desired level of risk that an organization aims to achieve.