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The amount of risk an organization is willing to accept is : 1) residual risk 2) Risk appetite 3) None of the above

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Question added by Mir Mujtaba Ali , Internal Audit Manager , Confidential
Date Posted: 2014/12/29
Muhammad Javed
by Muhammad Javed , Manager Finance , EuroMoto

Answer:2) --- Risk appetite

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (2) >>>>>>>>>>>  Risk appetite

Risk appetite is defined as the amount of risk an entity is willing to accept in pursuit of its mission

Sunil Chaudhary
by Sunil Chaudhary , Internal Assurance Manager , Arcelor Mittal

Option2, Risk Appetite

Abubakkar Siddik
by Abubakkar Siddik , ACCOUNTANT , ABUBAKKAR SIDDIK.N

  Risk Apetitethe amount and type of risk that an organisation is willing to take in order to meet their strategic objectives.

imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

The correct option is (2)

Abdul Hameed Khan
by Abdul Hameed Khan , DGM Project Finance , KSEW

2= Risk Appetite.

 

Residual Risk is the risk left after taking precautionary measures.

Rajanish T S
by Rajanish T S , Medical Analyst , Ariva Med Data Infotech Pvt Ltd

Risk appetite

Farid Faouci
by Farid Faouci , HSE enginner , Sonatrach

The answer is risk appetite

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Risk appetite is organization's will to accept risk.

Mohammed Lamloom
by Mohammed Lamloom , Design & Development Director , SIGMAC Real Estate Company

residual risk

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