Question

In: Accounting

which of the following is not part of risk management? A. Eliminate all risks that have...

which of the following is not part of risk management?

A. Eliminate all risks that have been identified
B. Select a response to each risk.
C. Predict the probability and impact of each risk
D. Identify possible risks and their implications

Solutions

Expert Solution

Answer: option (A) s correct

Explanation:

Risk can never be eliminated as complete/ as a whole. We can only estimate certain risk and devise methods to safeguard from it. It can never be eliminated as a whole as it is uncertain (Future is always uncertain).


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