___ involves shifting the consequence of a risk and responsibility for its management to a third party.
a. Risk avoidance
b. Risk acceptance
c. Risk transference
d. Risk mitigation
Answer: Risk transference
___ involves shifting the consequence of a risk and responsibility for its management to a third party.
a. Risk avoidance
b. Risk acceptance
c. Risk transference
d. Risk mitigation
Answer: Risk transference