Risk assessment and risk transfer mean the same thing.

### Why this is right Risk assessment concerns examining a risk, while risk transfer is a response that shifts some agreed consequences to another party. Their functions differ, so the statement is false. ### The concept **Assessment** is the consideration or examination of an exposure. It helps a decision-maker understand what may happen, although the source does not preserve a specific assessment method. **Transfer** is a response option: another party takes on some agreed responsibility for consequences. An insurance arrangement can be one way financial consequences are transferred, but transfer does not mean that the underlying event is impossible or that every consequence disappears. The distinction is between learning about a risk and choosing what to do about it. ### The other options - **True**: This would be correct only if examining a risk and shifting its consequences were the same activity. They are not; one is analysis and the other is a response. ### Terms - **Risk assessment**: Examining a risk to understand it. - **Risk transfer**: Shifting some agreed consequences of a risk to another party. ### Remember Assessment asks what the exposure is; transfer asks who will bear agreed consequences.