ITPEC IP April 2020 Question 66

Source exam: ITPEC IP April 2020Topic: Corporate Activities

ITPEC IP April 2020 — Question 66 of 100

Risk analysis is the third component of risk assessment alongside risk identification and risk evaluation. Identification finds risks, analysis determines their nature and level, and evaluation compares analyzed risk against criteria to set priorities.

Answer (d)

Why not others:
- transfer, avoidance, and mitigation are risk-treatment options selected after assessment

- they change ownership, exposure, probability, or impact rather than estimate the risk level

Key rule: Risk assessment comprises identification, analysis, and evaluation; risk treatment follows the assessment.

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