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Governance, Risk, and ComplianceeasyMultiple ChoiceObjective-mapped

CAS-004 Governance, Risk, and Compliance Practice Question

Which of the following risk treatment options involves transferring the financial impact of a risk to a third party, such as through insurance?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Transfer

Risk transfer shifts the financial burden to another party, e.g., purchasing cyber insurance.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Avoid

    Why it's wrong here

    Incorrect. Risk avoidance means eliminating the activity that causes the risk.

  • Accept

    Why it's wrong here

    Incorrect. Risk acceptance means acknowledging the risk without taking action.

  • Transfer

    Why this is correct

    Correct. Risk transfer passes the risk to a third party, e.g., via insurance.

  • Mitigate

    Why it's wrong here

    Incorrect. Risk mitigation involves reducing the likelihood or impact.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CAS-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CAS-005 exam.