Which of the following are the principles of risk management? Each correct answer represents a complete solution. Choose three. 

Answer options:

A. Risk management should be an integral part of the organization
B. Risk management should be a part of decision-making
C. Risk management is the responsibility of executive management
D. Risk management should be transparent and inclusive

ABD

The International Organization for Standardization (ISO) identifies the following principles of risk management. Risk management should: ✑ create value ✑ be an integral part of organizational processes ✑ be part of decision making ✑ explicitly address uncertainty ✑ be systematic and structured ✑ be based on the best available information ✑ be tailored ✑ take into account human factors ✑ be transparent and inclusive ✑ be dynamic, iterative, and responsive to change be capable of continual improvement and enhancement