Which term describes removing the activity that creates risk?

The correct term that describes removing the activity that creates risk is avoidance. This approach involves completely eliminating the potential threat by discontinuing the actions or processes that could lead to risk exposure.

In risk management, avoidance is often the most effective strategy when the risks associated with an activity outweigh the benefits. By choosing to avoid the risk altogether, an individual or organization can prevent any negative consequences that might arise from that risk.

Other methods like acceptance involve acknowledging the risk without taking any action, transference refers to shifting the risk to another party (such as through insurance), and mitigation focuses on reducing the severity or impact of the risk instead of removing the activity associated with it. These strategies do not eliminate the risk itself as avoidance does.