Risk Appetite and Risk Tolerance CGEIT Practice Questions (Page 6)

Questions 26–26

1. 26foundation · easy

   Which statement best defines risk appetite?

   • AThe total risk that must be avoided to ensure regulatory compliance
   • BThe maximum acceptable deviation from a stated performance target
   • CThe amount of risk an organization is willing to accept in pursuit of its objectives
   • DThe residual risk remaining after all controls are implemented
   Reveal Solution Discussion Select an answer first