What Is Residual Risk?

Answer

Residual risk refers to the type of risk that arises after other known risks have been factored in, countered and eliminated. It is simply seen as the risk that remains after safeguards have been implemented. It is a term used in various disciplines such as economics and finance.
Q&A Related to "What Is Residual Risk"
1. Calculate and subtract any economy-wide risks. An excellent example of this is interest rates. Since rising interest rates affect all investors, they are not unique to your investment
http://www.ehow.com/how_6822688_calculate-residual...
when is residual risk determined. After you reassess the hazards as if the controls were in place.
http://wiki.answers.com/Q/When_is_residual_risk_de...
Residual risk refers to any anticipated level of risk that
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D. Source(s) http://www.weberasset.com.
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