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Mitigating risk could involve

A. identifying risks, obtaining insurance and developing alternatives     B. contracting and quality assurance           C. developing standards, buying insurance, and planning for contingencies and alternatives D. re-scoping the project and reassessing requirements       E. C and D                                

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تم إضافة السؤال من قبل MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
تاريخ النشر: 2015/04/29
مستخدم محذوف‎
من قبل مستخدم محذوف‎

C. is the more correct answer.

There would be a continuing process of reassessment on an annual basis, and when significant change in the industry either locally or globally.

Nancy Refai
من قبل Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

B, C & D I belive cause contracting might be considered as a transfer/ outsourcing option

imran Noor -
من قبل imran Noor - , Audit Officer , Auditor General of Pakistan

The correct options are C&D, so it  is >>>>>>>>>>>>> (E)

Developing and then following standards, getting insurance against the impacts of  risks and planning for contingencies so that in case of materializing risks, the impacts may be reduced. Further, continuous re-assessment reduces the likelihood and impacts of risk.

 

Saidul Alam
من قبل Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

The correct answer is B & C.

Because by contracting and quality assurance  ,developing standards, buying insurance, and planning for contingencies and alternatives all helps to mitigate the risk .

   

Vinod Jetley
من قبل Vinod Jetley , Assistant General Manager , State Bank of India

E. C and D  ______________________

Wasi Rahman Sheikh
من قبل Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer option ___________________C

Md. Moshiur Rahman Sumon
من قبل Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

C) is Correct answer because mitigating risk could involve by developing standards, buying insurance and planning for contingencies and alternative .

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