Question: Which list correctly describes risk management techniques?

1. risk acceptance, risk mitigation, risk containment, and risk qualification
2. risk avoidance, risk transference, risk containment, and risk quantification
3. risk avoidance, risk mitigation, risk containment, and risk acceptance
4. risk avoidance, risk transference, risk mitigation, and risk acceptance

Answer: The correct answer of the above question is Option D:risk avoidance, risk transference, risk mitigation, and risk acceptance