Acceptable risk is achieved when: 

Answer options:

A. residual risk is minimized.
B. transferred risk is minimized.
C. control risk is minimized.
D. inherent risk is minimized.

A

Residual risk is the risk that remains after putting into place an effective risk management program; therefore, acceptable risk is achieved when this amount is minimized. Transferred risk is risk that has been assumed by a third party and may not necessarily be equal to the minimal form of residual risk. Control risk is the risk that controls may not prevent/detect an incident with a measure of control effectiveness. Inherent risk cannot be minimized.