Why is a risk assessment valuable for an organization?
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Helps protect assets
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Helps plan employee vacation timing
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Identifies future capital investments
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Helps protect management
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pg. 114
Question 2 points
Which of the following statements regarding a risk assessment (RA) is true?
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Ideally an RA will not be limited by a scope
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An RA provides an assessment for a point in time
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An RA is designed to eliminate risk
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, An RA is an ongoing process
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pg. 114
Question 3 points
What type of risk assessment uses a subjective method to assess a risk?
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Probability-based
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Ongoing
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Qualitative
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Quantitative
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pg. 118
Question 4 points
What type of risk assessment uses terms such as ALE, SLE, and ARO?
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Qualitative