CRISC Certified in Risk and Information Systems Control – Question163

One of the risk events you've identified is classified as force majeure. What risk response is likely to be used?

A.
Acceptance
B. Transference
C. Enhance
D. Mitigation

Correct Answer: A

Explanation:

Explanation: Force majeure describes acts of God (Natural disaster), such as tornados and fires, and are usually accepted because there’s little than can be done to mitigate these risks.
Incorrect Answers:
B: Transference transfers the risk ownership to a third party, usually for a fee.
C: Enhance is used for a positive risk event, not for force majeure.
D: Mitigation isn’t the best choice, as this lowers the probability and/or impact of the risk event.