Which of the following best describes the risk management strategy used to address this situation?

exams IIA-CIA-Part1 V3 IIA-CIA-Part1 exam 0 Comments

Due to unfavorable economic conditions management decided to postpone new investments for the next year.

Which of the following best describes the risk management strategy used to address this situation?
A . Risk mitigation
B . Risk avoidance
C . Risk reduction
D . Risk transfer

Answer: B