Exam CSCP topic 1 question 578 discussion

AS per the 31000 risk management definition

ISO 31000 is an international standard that provides principles and guidelines for risk management. It outlines a comprehensive approach to identifying, analyzing, evaluating, treating, monitoring, and communicating risks across an organization.

ISO 31000 is an international standard for risk management, and it provides principles and guidelines for organizations to develop and implement effective risk management processes. While it is not intended for certification purposes

B is correct According to the APICS Dictionary, 16th edition, ISO 31000 is a standard adopted by the International Standards Organization that outlines principles and a set of guidelines to manage risk in any endeavor. The standard outlines guidelines for understanding risk, developing a risk management policy, integrating risk management into organizational processes (including accountability and responsibility), and establishing internal and external risk communication processes. ISO 31000 is not a management system standard and is not intended or appropriate for certification purposes or regulatory or contractual use.

Correct answer is B.