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Which of the following is a method for approaching risks?
Suggested Answer: A
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The correct answers are as follows:
Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.
54 comments · newest first
MA
Malcolm
11 months ago
"Transport" isn't a risk method, right? That's just wrong.
EV
Evette
11 months ago
"Take out" sounds more like insurance to me.
AD
Adelina
12 months ago
Wait, "translate"? Is that even a thing?
KA
Kaitlyn
12 months ago
Totally agree, tolerating risks is often necessary.
CO
Colby
1 year ago
I think "tolerate" is a common method.
WI
Wilda
1 year ago
I definitely remember "tolerate" being one of the options in a similar practice question, so I'm leaning towards that one.
RE
Rene
1 year ago
"Take out" seems like it could be a method, but I feel like it might not fit the typical terminology used in risk management.
MA
Maryann
1 year ago
I remember practicing a question about risk approaches, and "translate" was mentioned, but I can't recall if it was actually a method.
DO
Domonique
1 year ago
I think "tolerate" sounds familiar as a risk management strategy, but I'm not completely sure if it's the right answer here.
AN
Anisha
1 year ago
Okay, let me walk through this step-by-step. Tolerate, translate, transport, take out... I think tolerate is the best fit for a risk management method.
GE
Georgiana
1 year ago
I'm a bit confused on the options here. Translate and transport don't seem like typical risk management approaches. I'll have to review my notes.
TE
Terrilyn
1 year ago
Hmm, this looks like a tricky one. I'll need to think carefully about the different risk management strategies.
BE
Bettina
1 year ago
I'm pretty sure the answer is A - tolerate. That's one of the key risk response strategies we covered in class.
LA
Lashawnda
1 year ago
Winbindd sounds right to me. It handles the domain membership, if I remember correctly.
RO
Roxane
1 year ago
Hmm, I'm a bit unsure about this one. The options seem to cover a range of audit-related concepts, but I'm not sure which one is the most specific to the "verification and determination" aspect mentioned in the question.
IR
Irene
1 year ago
Hmm, I'm not too sure about this one. I'll have to think it through carefully before answering.
JE
Jesusita
1 year ago
I have some doubts about the math here—wasn't there a formula we used to estimate expected acceptance rates based on acceptance and rejection numbers?
AR
Art
1 year ago
I'd like to 'take out' the person who came up with these answer options. Talk about a risky business!
GI
Gilbert
1 year ago
Yeah, taking out the person who came up with these options seems a bit extreme.
HA
Hassie
1 year ago
I agree, sometimes you just have to tolerate the risks.
MA
Maddie
1 year ago
I think 'tolerate' is the best approach for risks.
ER
Ernestine
1 year ago
D) take out
CL
Claudia
1 year ago
C) transport
AL
Alease
1 year ago
B) translate
LA
Lakeesha
1 year ago
A) tolerate
KI
Kirk
1 year ago
Tolerate, translate, transport... Sounds like a game of Risk, but with even more risk involved!
FI
Fidelia
1 year ago
Take out? Now we're talking! Time to bring out the big guns and eliminate that risk once and for all! *cocks imaginary shotgun*
JU
Julian
1 year ago
Take out? Now we're talking! Time to bring out the big guns and eliminate that risk once and for all! *cocks imaginary shotgun*
LA
Lashandra
1 year ago
D) take out
TE
Terry
1 year ago
C) transport
FL
Florinda
1 year ago
B) translate
CO
Corazon
1 year ago
A) tolerate
RE
Ressie
2 years ago
Transport? Are we supposed to just move the risk to a different location? That's like putting a bandaid on a broken leg.
ST
Stevie
1 year ago
D) take out
LE
Leonora
1 year ago
C) transport
KR
Krystina
1 year ago
B) translate
LE
Lenna
1 year ago
A) tolerate
ED
Edelmira
1 year ago
No, transporting risks means transferring them to another party, not physically moving them.
KR
Kris
1 year ago
D) take out
BE
Beatriz
1 year ago
C) transport
SO
Sommer
1 year ago
B) translate
PE
Peter
1 year ago
A) tolerate
CA
Candra
2 years ago
Translate? What, are we supposed to just translate the risk into another language and it'll go away? I'm pretty sure that's not how it works.
LU
Luke
1 year ago
I think we need to tolerate some risks, but also take steps to mitigate them.
JA
Jamie
1 year ago
Exactly, we can't just translate risks away. We need to approach them in a different way.
DE
Desmond
1 year ago
No, translating risks into another language won't make them disappear.
AN
Anthony
1 year ago
D) take out
EL
Eliz
1 year ago
C) transport
BE
Bette
1 year ago
B) translate
TR
Trinidad
2 years ago
A) tolerate
GL
Glendora
2 years ago
Tolerate? Really? That's like saying 'just ignore the problem and hope it goes away.' I bet the right answer is something more proactive like 'take out' the risk.
PA
Paulina
2 years ago
I'm not sure, but I think it's between A) tolerate and D) take out. Tolerating risks can be a valid approach, but sometimes it's better to remove the risk altogether.
FL
Flo
2 years ago
I agree with Douglass, because tolerating risks means accepting them without taking any action.
DO
Douglass
2 years ago
I think the answer is A) tolerate.