Risk involves the possibility of a negative outcome. Possibility means

Risk involves the possibility of a negative outcome. Possibility means

• A. The likelihood of an event occurring.
• B. That an outcome is unavoidable.
• C. An identified and predictable outcome.
• D. That an outcome may or may not occur.

Answer: (D)

Possibility in risk refers to whether an adverse event could occur at all, not how likely it is. When we say something is a possibility, we mean it may happen or it may not happen—there’s uncertainty about the outcome. This captures the idea that risk centers on potential, not certainty. The option that states an outcome may or may not occur best expresses this, since it acknowledges that outcomes are not guaranteed. In contrast, describing likelihood focuses on how probable it is, which is a more precise probability concept; labeling something as unavoidable or as a fixed, predictable outcome contradicts the idea of uncertainty that risk embodies.

Possibility in risk refers to whether an adverse event could occur at all, not how likely it is. When we say something is a possibility, we mean it may happen or it may not happen—there’s uncertainty about the outcome. This captures the idea that risk centers on potential, not certainty. The option that states an outcome may or may not occur best expresses this, since it acknowledges that outcomes are not guaranteed. In contrast, describing likelihood focuses on how probable it is, which is a more precise probability concept; labeling something as unavoidable or as a fixed, predictable outcome contradicts the idea of uncertainty that risk embodies.