Post Utme Veritas University 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2025 Commerce Objective / Multiple Choice

Question 10 POST_UTME_VERITAS_UNIVERSITY • 2025 • COMMERCE • objective

A company's risk management strategy involves the following steps: risk identification, risk assessment, and risk mitigation. Which of the following best describes the primary goal of the risk mitigation step?

Answer Options

Correct Answer A. To reduce the likelihood of a risk event

B. To increase the impact of a risk event

C. To transfer the risk to another party

D. To accept the risk

Correct Answer

Correct Option:

To reduce the likelihood of a risk event

About This Question

This is Post Utme Veritas University 2025 Commerce Question 10. It is one of the objective questions from the 2025 Post Utme Veritas University Commerce examination.

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