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Tolerating risk is where no action is taken to mitigate or reduce a risk.
Correct Answer: A
Tolerating risk is where no action is taken to mitigate or reduce a risk. This is true because tolerating risk is one of the possible strategies for managing risk. Tolerating risk means accepting or retaining a risk without taking any further action to reduce it, either because the risk level is acceptable or because the cost or effort of reducing it is not justified. Tolerating risk may be appropriate for low-priority or low-impact risks that do not pose a significant threat to the organization's objectives. Verified References: https://www.investopedia.com /terms/t/the-four-ts.asphttps://www.thebci.org/training-qualifications/good-practice-guidelines.html
