TOPIC: Residual Risk Cost

Residual Risk Cost 5 years 8 months ago #16820

Najeeb Safi Topic Author Offline Fresh Boarder Posts: 1 Thank you received: 0	Where do we account for Residual Risk Cost? is it part of Contingency reserve or management reserve? Chapter 11.5 Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Syed Farhan Qadri Offline User is blocked Posts: 6 Thank you received: 0	Residual risk is known. We use Contigency reserves, if it occur. Management reserve is for unknown risk, which didn't identified in the Identify risk process. Hope it help you. Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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