Answered

Which of the following are different categories of risk? (Select all that apply)

Question 3 options:

Physical


Location


Human


Technology


Compliance


Financial


Operational


Environmental

Answer :

TUNDEXIGO

Risk can be categorized into the following options:

  • Physical risk
  • Compliance risk
  • Financial risk
  • Operational risk
  • Environmental risk

What is a Risk?

A Risk refers to an occurence or a chance that something that is harmful or unexpected could happen.

Usually, a risk is associated with a harmful outcome which can be managed with different risk management measures.

Some of the risk management measures includes:

  • avoidance or risk,
  • retention of risk,
  • sharing of risk,
  • transferring of risk etc

In conclusion, the Option A, E, F, G, H is correct.

Read more about Risk

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