When is passive risk acceptance an appropriate approach? When the likeliness of risk occurrence is very low When the risk occurrence is hard to identify When it is not possible to address the risk in any other way When the likeliness of risk occurrence is very high Question 4 (Mandatory) (1 point) Categories of responses to threats are: Technical, marketing, financial, and human Identification, quantification, response development, and response control Avoidance, transference, mitigation, and acceptance Avoidance, retention, control, and deflection Question 5 (Mandatory) (1 point) You identified a technical risk in your project and assigned a contingency for that. Planning contingency reserves is part of which risk response strategy? Active risk acceptance Passive risk avoidance Active risk mitigation Passive risk acceptance