​Which of the Following Is True of an Inherent Risk

question 55

Multiple Choice

​Which of the following is true of an inherent risk?

• A) ​An inherent risk is the probability or likelihood of a risk occurring multiplied by the impact should it actually occur.
• B) ​An inherent risk is avoided by enacting some particular procedure to decrease the inherent risk to a lower residual risk level.
• C) ​An inherent risk can be defined as the difference between the risk response benefit and the residual risk produced by the particular risk response.
• D) ​An inherent risk is the risk that remains after any risk management action has been taken.

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Definitions:

Delete A Record

The process of permanently removing a data entry or record from a database or data table.

Add New Data

The process of incorporating new information or records into an existing dataset or database system.

Big Data

Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

Traffic Delays

Slowdowns or halts in traffic flow due to congestion, accidents, construction, or other disruptors.