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To avoid an inherent risk means that the company: a.ceases to perform the activity that gave rise to the risk. Ob. simply continues conducting business as normal c.transfers its risk to an insurance company. Od. enacts some particular procedure to decrease the inherent risk to a lower residual risk level Risk response net benefit is measured as the: O a. sum of an inherent risk and a residual risk produced by a particular risk response. b. difference between the incremental cost incurred by a company to implement a particular risk response and the residual risk c. difference between an inherent risk and a residual risk produced by a particular risk response. d. benefit of risk response minus the cost of risk response. A company has decided to sell off a business unit as the management believes it cannot manage the associated risk(s) in a cost-beneficial manner. Which of the following risk response alternatives is represented by this example? O a. Avoid b. Retairn C. Transfer d. Accept