A. account for identified key risk factors.
Here's why:
Documentation of Identified Risks: A risk register serves as a comprehensive record of all identified risks that an organization might face. It is a central repository where key risk factors are listed, along with their characteristics such as likelihood, impact, and potential mitigation strategies.
Tool for Risk Management: The risk register is an essential tool for ongoing risk management. It helps in tracking and monitoring risks over time, assessing how they evolve, and evaluating the effectiveness of risk response strategies.
Facilitates Risk Communication: Maintaining a risk register aids in communicating the risks across various levels of the organization. It ensures that all stakeholders are aware of the risks and understand their potential impact on the organization.
I think this is correct based on the choices given. R1-31 is the same question with completely different choices.
upvoted 2 times
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