Risk

Difference Between Inherent Risk and Control Risk
Inherent risks refer to a material misstatement as a result of an omission or an error in the financial statements due to factors other than the failu...
Difference Between Issue and Risk Project Management
The key difference is an “issue” already has occurred and a “risk” is a potential issue that may or may not happen and can impact the project positive...
Difference Between Threshold and Tolerance
Threshold is the level at which a stimulus first causes a person to feel pain. Tolerance is the maximum amount of pain a person is able to cope with.W...
Difference Between Risk and Uncertainty
Definition. Risk refers to decision-making situations under which all potential outcomes and their likelihood of occurrences are known to the decision...
Difference Between Risk and Issue
The key difference is an “issue” already has occurred and a “risk” is a potential issue that may or may not happen and can impact the project positive...
Difference Between Crisis Management and Risk Management
Crisis management is concerned with responding to, managing and recovering from an unforeseen event. Risk management is concerned with identifying, as...
Difference Between Foreign Exchange Risk and Exposure
The key difference between foreign exchange risk and exposure is that foreign exchange risk is the change of value in one currency relative to another...
Difference Between Transaction and Translation Risk
The key difference between transaction and translation risk is that transaction risk is the exchange rate risk resulting from the time lag between ent...
Difference Between Risk and Threat
A threat is what we're trying to protect against. ... Risk – The potential for loss, damage or destruction of an asset as a result of a threat exploit...