Which of the following describes the final step in the risk assessment process?

The final step in the risk assessment process is to report results. This step is crucial because it involves communicating the findings of the risk assessment to relevant stakeholders, which can include management, employees, and sometimes external parties. Reporting the results ensures that everyone is aware of the identified risks and the measures that need to be taken to mitigate those risks. It serves as a basis for decision-making and helps in the establishment of priorities for implementing risk management measures.

While implementing controls, monitoring processes, and identifying hazards are all integral parts of the broader risk management process, they typically occur before the reporting stage. Implementing controls happens after assessing the risks but must be documented and communicated, which is why reporting the results stands as the definitive last step in the assessment phase. Monitoring processes follows reporting as it involves continuously assessing the effectiveness of the implemented controls over time.