The acceptable level of variation relative to achievement of a specific objective, often best measured in the same units as the objective (COSO, as quoted in the 2012 COSO risk appetite paper).
Glossary term
Risk tolerance
The acceptable level of variation relative to achievement of a specific objective, often best measured in the same units as the objective (COSO, as quoted in the 2012 COSO risk appetite paper).
Institution Risk Academy