From ACT Wiki
Revision as of 16:43, 30 May 2016 by Doug Williamson (Talk | contribs) (Amend 'retain' to 'accept'.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Risk management.

A choice in relation to an identified risk to accept it, but to take some internal action to mitigate or limit its impact, most commonly systems and internal controls.

See also