RISK CROSSWORD PUZZLE

3. Outcome of an event affecting objectives
8. First step in risk management process
10. measures the responsiveness of a stock's price to changes in the overall stock market
12. document used for recording risk management process for identified risks
13. Negative effect that may hinder the achievement of objectives
14. Objectives of an organization is derived ________ statement
15. Risk=Probability*______________
17. visual tool that depicts the potential risks affecting a business
18. measure that maintains and/or modifies risk
19. Coordinated activities to direct and control an organisation with regard to risk

1. __________ risk is defined as the relative variation of actual loss from the expected loss
2. effect of uncertainty on objectives
4. Occurrence or change of a particular set of circumstances
5. A risk that would have a positive effect on one or more project objectives
6. Risk that insurance firm will assume
7. person or organization that can affect, be affected by, or perceive themselves to be affected by a decision
9. 4Ts in risk management:- Tolerate,Treat,Transfer,_________
11. Risk remaining after implementation of controls
16. Plan of action to achieve the organizational objectives