1-9.3 Risk Analysis

Question 1

The level of risk before controls or safeguards have been implemented.

Answer 1

Inherent Risk.

Question 2

Risk analysis approach that is appropriate where this a lack of meaningful numeric data

Answer 2

Qualitative

Question 3

AV * EF = ?

Answer 3

SLE (Single Loss Expectancy)

Question 4

SLE * ARO = ?

Answer 4

ALE (Average Loss Expectancy)

Question 5

The objective of this process is to determine whether the benefits of a particular action or project outweight its costs

Answer 5

Cost Benefit Analysis