Certified in Risk and Information Systems Control (CRISC) — Question 1410

One of the risk events you've identified is classified as force majeure. What risk response is likely to be used?

Answer options

• A. Acceptance
• B. Transference
• C. Enhance
• D. Mitigation

Correct answer: B

Explanation

Transference is the appropriate response for force majeure risks as it involves shifting the impact of the risk to a third party, such as through insurance. Acceptance involves acknowledging the risk without active response, while enhancement and mitigation are strategies for improving outcomes or reducing the probability or impact of risks that can be managed.