Question
Which one of the following statements is TRUE? a. All else equal, a risk averse organisation prefers uncertainty to certainty and therefore the risk rating
Which one of the following statements is TRUE? a. All else equal, a risk averse organisation prefers uncertainty to certainty and therefore the risk rating should increase in severity as likelihood increases. b. All else equal, a risk averse organisation prefers certainty to uncertainty and therefore the risk rating should decrease in severity as likelihood increases. c. All else equal, a risk averse organisation prefers certainty to uncertainty and therefore the risk rating should increase in severity as likelihood increases. d. None of the above.
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