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Which of the following is a major benefit of applying risk levels?

A.
Risk management governance becomes easier since most risks remain low once mitigated
Answers
A.
Risk management governance becomes easier since most risks remain low once mitigated
B.
Resources are not wasted on risks that are already managed to an acceptable level
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B.
Resources are not wasted on risks that are already managed to an acceptable level
C.
Risk budgets are more easily managed due to fewer identified risks as a result of using a methodology
Answers
C.
Risk budgets are more easily managed due to fewer identified risks as a result of using a methodology
D.
Risk appetite can increase within the organization once the levels are understood
Answers
D.
Risk appetite can increase within the organization once the levels are understood
Suggested answer: B
asked 18/09/2024
Bill May
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