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Answer option (2) >>>>>>>>>>> Risk appetite
Risk appetite is defined as the amount of risk an entity is willing to accept in pursuit of its mission
Option2, Risk Appetite
Risk Apetitethe amount and type of risk that an organisation is willing to take in order to meet their strategic objectives.
The correct option is (2)
2= Risk Appetite.
Residual Risk is the risk left after taking precautionary measures.
Risk appetite
The answer is risk appetite
Risk appetite is organization's will to accept risk.