Exam (elaborations)
AIAF 1: Intro to Risk Management Questions With Correct Answers!!
- Course
- Institution
Who considered risk as a choice - Answer-Bernstein; "Risk is uncertainty about outcomes that can be either negative or positive" Definitions of Risk - Answer-ISO: effect of uncertainty on objects COSO: possibility that an event will occur and adversely affect achievement of outcomes RIMS: uncer...
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