Identify the correct statement about the risk management matrix.

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It is also referred to as a risk map.

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

It includes all important risks a firm is exposed to$.$

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

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