Which of the following is one of the four common risk mitigation strategies described as 'Accepting (and Monitoring), Avoiding, Transferring, and Controlling'?

• A. Accepting
• B. Avoiding
• C. Transferring
• D. Controlling

Answer: (A)

In risk management, you choose how to respond to a risk using four common strategies: Accepting (and Monitoring), Avoiding, Transferring, and Controlling. Accepting means you acknowledge the risk and decide not to take immediate action, but you monitor it and trigger a response if it occurs. This fits the description given, making it a correct example of a risk response strategy. The other options are the other three strategies in the same set, so they are also valid categories of risk responses, but since the question asks for one that fits the described framework, Accepting is the appropriate choice.