What are the terms for level of risk before and after any actions are taken? (Choose two.)

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The level of risk before any actions are taken is referred to as inherent risk. This represents the natural level of risk that exists in the absence of any controls or measures. It is the risk that is associated with an activity or hazard before any risk management efforts have been applied.

The level of risk after actions have been taken, such as implementing controls, is known as residual risk. This residual risk is what remains after risk mitigation efforts have been applied, and it reflects the effectiveness of those measures in reducing the overall risk to an acceptable level.

Inherent and residual risks are crucial concepts in risk management, as they help organizations understand their exposure and the effectiveness of their risk management strategies. Identifying both allows for a comprehensive view of the risk landscape and facilitates better decision-making regarding risk treatment options.

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