Question 35
Domain 3 — Risk Response and ReportingWhat is emerging risk?
Correct answer: B
Explanation
Emerging risk is defined as a risk that is "new or evolving" and has the potential to "significantly impact the organization." This captures risks that are not yet fully understood but may grow in importance as conditions change.
Why each option is right or wrong
A. Any risk that has been identified
B. A risk that is new or evolving and may significantly impact the organization
Emerging risk is identified in risk-management guidance as a threat that is either newly appearing or changing in nature, with the potential to materially affect the organization if it develops further. The key features are novelty/evolution and possible significant organizational impact, rather than a risk that is already fully established or well quantified.
C. A risk that has been eliminated
D. A risk that only affects new employees