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CRISC Risk Response and Mitigation Practice Question

Match each risk management process step to its activity.

Drag a concept onto its matching description — or click a concept then click the description.

Concepts
Matches

Find and list potential risks

Determine likelihood and impact

Compare risk levels to risk criteria

Select and implement controls

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

Risk Identification: The process of finding, recognizing, and documenting risks.

The risk management process steps are distinct: Risk Identification finds risks, Risk Assessment evaluates them, and Risk Response addresses them. Common confusions involve swapping these definitions.

Answer analysis

Option-by-option breakdown

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

  • Risk Identification: The process of finding, recognizing, and documenting risks.

    Why this is correct

    Risk Identification is the step where risks are identified and documented.

  • Risk Assessment: The process of determining the probability and impact of identified risks.

    Why this is correct

    Risk Assessment involves evaluating the likelihood and potential impact of risks.

  • Risk Response: The process of developing and implementing strategies to address risks.

    Why this is correct

    Risk Response includes actions to mitigate, transfer, avoid, or accept risks.

  • Risk Identification: The process of determining the probability and impact of identified risks.

    Why it's wrong here

    Incorrect — this describes Risk Assessment, not Risk Identification.

  • Risk Assessment: The process of finding, recognizing, and documenting risks.

    Why it's wrong here

    Incorrect — this describes Risk Identification, not Risk Assessment.

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Last reviewed: Jun 11, 2026

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