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An organization has committed to a business initiative with the knowledge that the risk exposure...

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An organization has committed to a business initiative with the knowledge that the risk exposure is higher than the risk appetite. Which of the following is the risk practitioner ' s MOST important action related to this decision?

A.

Recommend rejection of the initiative.

B.

Change the level of risk appetite.

C.

Document formal acceptance of the risk.

D.

Initiate a reassessment of the risk.

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