Final answer:
Verification of a risk assessment code (RAC) should not exceed 5 days to ensure effective risk management and mitigation.
Step-by-step explanation:
Verification of a risk assessment code (RAC) should ideally not exceed 5 days. RAC is a critical factor in risk management processes and is primarily used to prioritize risks based on their severity, likelihood, and potential impact. Prompt verification is crucial for the effective management and mitigation of risks. Waiting longer than 5 days could potentially increase the vulnerability of a project or operation to unmitigated risks.