Which of the Following Represents the Correct Order of the Risk

question 420

Multiple Choice

Which of the following represents the correct order of the risk management process?

• A) Resource allocation, risk management metrics, risk assessment, post-mortem analysis, effective communication.
• B) Risk management metrics, resource allocation, risk assessment, effective communication, post-mortem analysis.
• C) Risk assessment, resource allocation, risk governance and reporting, post-mortem analysis, feedback.
• D) Resource allocation, risk monitoring, risk assessment, feedback, post-mortem analysis.

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Definitions:

Balance-of-Payment Deficits

A situation where the total amount of money a country spends on foreign trade is greater than the amount it earns from such trade.