Identify the Correct Statement About the Risk Management Matrix

question 30

Multiple Choice

Identify the correct statement about the risk management matrix.

• A)It is also referred to as a risk map.
• B)It involves charting entire spectrums of risk, not individual risk "silos" from each separate business unit.
• C)It includes all important risks a firm is exposed to.
• D)It includes on one axis, categories of relative frequency (high and low) and on the other, categories of relative severity (high and low).
• E)It puts the risks a company faces into a visual medium to see how risks are clustered and to understand the relationships among risks.

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Definitions:

Diabetes

A metabolic disease characterized by high blood sugar levels over a prolonged period, which can lead to serious health problems if not managed properly.

Middle Age

typically refers to the period of life between young adulthood and old age, often considered to run from approximately 45 to 65 years of age.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured as an indicator of heart health.

Sexual-Reproductive System

The organs and structures in the body involved in reproduction and the functions related to it, including the genitals and associated glands and hormones.