RE abbreviation - Risk analysis and management -Risk Exposure

Q.  RE represents ______ .
- Published on 03 Aug 15

a. Risk Expense
b. Related Expense
c. Risk Exposure
d. Risk Evaluation

ANSWER: Risk Exposure
 

    Discussion

  • Prajakta Pandit   -Posted on 06 Nov 15

    - RE represents risk exposure.

    - Risk exposure is a quantified loss potential of business.

    - It is usually calculated by multiplying the probability of an incident occurring by its potential losses.

    - The main objective of risk exposure is a calculation used to determine the overall level of risk that the organization can tolerate for the given situation that is based on the benefits and costs involved.

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