Which option is an example of a financial impact of risk?

The identification of loss of revenue as a financial impact of risk is insightful because it directly ties into the monetary resources of an organization. When risks materialize, they can lead to situations that adversely affect an organization's ability to generate income. For instance, risks may arise due to market fluctuations, operational disruptions, or reputational issues, leading to decreased sales or reduced customer retention. This monetary strain can severely impact profitability and overall financial health.

In contrast, increased operational efficiency, improved customer relationships, and higher employee satisfaction, while important, relate more to qualitative aspects and overall performance instead of being direct financial consequences. They could potentially lead to better financial outcomes in the long run, but they are not immediate financial impacts when evaluating risk. Thus, loss of revenue clearly exemplifies a direct financial impact stemming from risk scenarios.