Certified Governance Risk and Compliance (CGRC) Practice Exam 2026 - Free CGRC Practice Questions and Study Guide

Acceptance is a valid risk response for a negative risk event because it involves acknowledging the existence of the risk and deciding to accept the consequences if it occurs, without taking any proactive measures to avoid, mitigate, or transfer it. This approach is often chosen when the cost of mitigating the risk is higher than the potential impact of the risk itself, or when the probability of the risk occurring is deemed low.

By accepting the risk, an organization can allocate resources to address other risks that may have a higher impact or likelihood, ensuring a more efficient use of resources. This response is integral to a balanced risk management strategy, allowing teams to focus on risks that require active management while still understanding and preparing for less critical risks.

Other responses such as enhance, exploit, and share are typically associated with positive risks (opportunities) or different contexts in risk management. Enhance and exploit focus on improving the probability or impact of an opportunity, while share involves partnering with others to distribute the risk. These approaches do not effectively apply to negative risk events, as they deal instead with opportunities rather than threats.