Risk treatment is NOT which of the following?

Study for the ANSI / ASIS PAP.1-2012 Physical Asset Protection APP Exam. Prepare with flashcards and multiple choice questions, including hints and explanations. Ace your exam!

Multiple Choice

Risk treatment is NOT which of the following?

Explanation:
Risk treatment involves actions to alter risk exposure—such as avoiding the activity, reducing the hazard, transferring the risk, or accepting the remaining risk with a plan. Ignoring the risk is not a treatment at all; it does nothing to reduce likelihood or impact and leaves the exposure unmanaged. The other options illustrate legitimate treatment approaches: avoiding the activity eliminates exposure; removing the risk source eliminates the hazard; and taking on more risk to pursue an opportunity represents a deliberate risk acceptance or appetite decision in pursuit of benefit. Therefore, ignoring the risk is not a risk treatment.

Risk treatment involves actions to alter risk exposure—such as avoiding the activity, reducing the hazard, transferring the risk, or accepting the remaining risk with a plan. Ignoring the risk is not a treatment at all; it does nothing to reduce likelihood or impact and leaves the exposure unmanaged. The other options illustrate legitimate treatment approaches: avoiding the activity eliminates exposure; removing the risk source eliminates the hazard; and taking on more risk to pursue an opportunity represents a deliberate risk acceptance or appetite decision in pursuit of benefit. Therefore, ignoring the risk is not a risk treatment.

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