EXIN M_o_R Foundation (Management of Risk) — Question 6

Which explains a use of the risk management policy in the identify context' step?

Answer options

• A. Identifies changes to the organization's market
• B. Identifies how past events could become sources of risk
• C. Describes how corporate governance will affect the risk management process
• D. Understand the maximum amount of risk that should be taken

Correct answer: D

Explanation

The correct answer, D, is accurate as it focuses on defining the acceptable level of risk the organization is willing to accept. Options A, B, and C address different aspects of risk management but do not specifically relate to determining the maximum risk threshold in the identification context.