Across
- 2. Passing a risk to another party
- 5. Plan designed to achieve long-term objectives
- 7. Individual or group affected by business activities
- 8. Continuous checking of risks and controls
- 9. Effect or consequence of a risk occurring
- 12. Measures implemented to reduce risks
- 14. Protection against financial loss
- 16. Process of identifying, assessing and controlling threats to a business
- 17. Ability of a business to continue operating during disruptions
- 19. Document containing identified risks and responses
- 20. The process of recognising potential risks
Down
- 1. Systematic examination of business procedures and records
- 3. Evaluation of the effectiveness of risk management activities
- 4. Backup plan used during emergencies
- 6. Likelihood that a risk will occur
- 10. The process of evaluating risks
- 11. Amount paid for insurance cover
- 13. Action taken to reduce the impact of a risk
- 15. Company that provides insurance cover
- 18. Possibility of an event that could negatively affect business objectives