The amount of risk an organization is willing to accept is : 1) residual risk 2) Risk appetite 3) None of the above

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.

residual risk