ASIS General Security Risk Assessment
Questions With Complete Solutions
What are Assets? correct answer: Any real or personal property,
tangible or intangible, that a company or individual owns that
can be given or assigned a monetary value.
What does Intangible property include? correct answer: things
such as goodwill, proprietary information, and related property.
For purposes of this guideline, people are included as assets.
For purposes of this guideline, what are people classified as?
correct answer: assets.
Definition of Consequential? correct answer: A secondary result
ensuing from an action or decision.
Define Cost/Benefit Analysis? correct answer: A process in
planning, related to the decision to commit funds or assets. This
is a systematic attempt to measure or analyze the value of all the
benefits that accrue from a particular expenditure.
Cost/Benefit Analysis process involves three steps, those are?
correct answer: Identification of all direct and indirect
consequences of the expenditure.
Assignment of a monetary value to all costs and benefits
resulting from the expenditure.
, Discounting expected future costs and revenues accruing from
the expenditure to express those costs and revenues in current
monetary values.
What is Criticality? correct answer: The impact of a loss event,
typically calculated as the net cost of that event.
When something is considered criticality and fatal, that means?
correct answer: Resulting in a total recapitalization
What is an Event? correct answer: Something that happens; a
noteworthy happening. In the security context, this usually
represents an occurrence such as a security incident, alarm,
medical emergency, or related episode or experience.
What is Goodwill? correct answer: The value of a business that
has been built up through the reputation of the business concern
and its owners.
What is a Loss Event? correct answer: An occurrence that
actually produces a financial loss or negative impact on assets.
Examples include security incidents, crimes, war, natural
hazards, or disasters.
Natural Disaster correct answer: A naturally occurring
calamitous event bringing great damage, loss, or destruction
such as tornadoes, hurricanes, earthquakes, and related
occurrences.
Probability correct answer: The chance, or in some cases, the
mathematical certainty that a given event will occur; the ratio of
Questions With Complete Solutions
What are Assets? correct answer: Any real or personal property,
tangible or intangible, that a company or individual owns that
can be given or assigned a monetary value.
What does Intangible property include? correct answer: things
such as goodwill, proprietary information, and related property.
For purposes of this guideline, people are included as assets.
For purposes of this guideline, what are people classified as?
correct answer: assets.
Definition of Consequential? correct answer: A secondary result
ensuing from an action or decision.
Define Cost/Benefit Analysis? correct answer: A process in
planning, related to the decision to commit funds or assets. This
is a systematic attempt to measure or analyze the value of all the
benefits that accrue from a particular expenditure.
Cost/Benefit Analysis process involves three steps, those are?
correct answer: Identification of all direct and indirect
consequences of the expenditure.
Assignment of a monetary value to all costs and benefits
resulting from the expenditure.
, Discounting expected future costs and revenues accruing from
the expenditure to express those costs and revenues in current
monetary values.
What is Criticality? correct answer: The impact of a loss event,
typically calculated as the net cost of that event.
When something is considered criticality and fatal, that means?
correct answer: Resulting in a total recapitalization
What is an Event? correct answer: Something that happens; a
noteworthy happening. In the security context, this usually
represents an occurrence such as a security incident, alarm,
medical emergency, or related episode or experience.
What is Goodwill? correct answer: The value of a business that
has been built up through the reputation of the business concern
and its owners.
What is a Loss Event? correct answer: An occurrence that
actually produces a financial loss or negative impact on assets.
Examples include security incidents, crimes, war, natural
hazards, or disasters.
Natural Disaster correct answer: A naturally occurring
calamitous event bringing great damage, loss, or destruction
such as tornadoes, hurricanes, earthquakes, and related
occurrences.
Probability correct answer: The chance, or in some cases, the
mathematical certainty that a given event will occur; the ratio of
