What is a 'risk assessment report'?

A 'risk assessment report' is a document that provides a comprehensive overview of the findings from a risk assessment process. This report typically includes an identification of potential risks, an analysis of their impacts, and recommendations for mitigating these risks or managing them effectively. The purpose of the report is to inform decision-makers about the risks that an organization faces and to guide them in implementing appropriate strategies to prevent or minimize negative outcomes.

In the context of risk management, this report serves as a critical tool for understanding vulnerabilities and prioritizing actions that need to be taken to ensure safety and compliance. It can cover a variety of risk types, including financial, operational, strategic, and compliance risks, making it an essential resource for organizational governance.

The other options do not align with the definition of a risk assessment report. A summary of employee performance focuses on human resources rather than risk management. A record of market research pertains to understanding market conditions rather than assessing risk. A report on sales growth analyzes revenue trends, which is unrelated to the identification or management of risks within an organization. Thus, the accurate description of a risk assessment report clearly identifies it as a document detailing findings and recommendations from the risk assessment process.