New definition of risk under ISO 31000 and 31010 is:

New definition of risk under ISO 31000 and 31010 is:
A . Danger that injury, damage, or loss will occur
B. Possibility of investment loss
C. Probability of loss to an insurer
D. Probability of an event that will have an impact on objectives

View Answer

Answer: D

Explanation:

According to ISO/IEC Guide73 (2009), clause 1., risk is defined as “the effect of uncertainty on objectives”. This definition applies to both ISO/IEC Guide73 (2009) and ISO31000 (2018), which are standards for risk management terminology and principles respectively.