Which of the Following Statements About Risk Assessment Is True

question 37

Multiple Choice

Which of the following statements about risk assessment is true?

• A) Risk assessment focuses on the quantitative evaluation of exposures.
• B) Risk assessment evaluates risk both on an inherent and residual basis.
• C) Risk assessment determines the organization's tolerance for exposure.
• D) Risk assessment is the amount of inherent risk in a separately identifiable business entity.

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Definitions:

Chronic Renal Failure

A long-term kidney condition where the kidneys progressively lose their ability to function properly.

"Uremic" Breath

A specific type of bad breath associated with the accumulation of urea in the blood, typically indicative of kidney failure.

Renal Transplantation

A surgical procedure to replace a diseased kidney with a healthy kidney from a donor.

Preferred Means

Typically refers to the most favored or desirable method, tool, or approach to achieve a goal or fulfill a need.