Question: Identify the correct statement about the risk management matrix. a- It is also referred to as a risk map. b- It involves charting entire spectrums

Identify the correct statement about the risk management matrix.

a- It is also referred to as a risk map.

b- It involves charting entire spectrums of risk, not individual risk silos from each separate business unit.

c- It includes all important risks a firm is exposed to.

d- It includes on one axis, categories of relative frequency (high and low) and on the other, categories of relative severity (high and low).

e- It puts the risks a company faces into a visual medium to see how risks are clustered and to understand the relationships among risks.

***Answer is not e

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