ASIS GENERAL SECURITY RISK ASSESSMENT EXAM
2025
What are Assets? - ✅✅✅CORRECT -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 -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 -assets.
Definition of Consequential? - ✅✅✅CORRECT -A secondary result ensuing from an action or
decision.
Define Cost/Benefit Analysis? - ✅✅✅CORRECT -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 -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 -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 -Resulting in a total
recapitalization
, What is an Event? - ✅✅✅CORRECT -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 -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 -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 -A naturally occurring calamitous event bringing great damage,
loss, or destruction such as tornadoes, hurricanes, earthquakes, and related occurrences.
Probability - ✅✅✅CORRECT -The chance, or in some cases, the mathematical certainty that a given
event will occur; the ratio of the number of outcomes in an exhaustive set of equally likely outcomes
that produce a given event to the total number of possible outcomes.
Qualitative - ✅✅✅CORRECT -Relating to that which is characteristic of something and which makes
it what it is.
Risk - ✅✅✅CORRECT -The possibility of loss resulting from a threat, security incident, or event.
Risk Analysis - ✅✅✅CORRECT -A detailed examination including risk assessment, risk evaluation,
and risk management alternatives, performed to understand the nature of unwanted, negative
consequences to human life, health, property, or the environment; an analytical process to provide
information regarding undesirable events; the process of quantification of the probabilities and expected
consequences for identified risks.
Risk Assessment - ✅✅✅CORRECT -The process of assessing security-related risks from internal and
external threats to an entity, its assets, or personnel.
Security Incident - ✅✅✅CORRECT -A security-related occurrence or action likely to lead to death,
injury, or monetary loss.
2025
What are Assets? - ✅✅✅CORRECT -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 -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 -assets.
Definition of Consequential? - ✅✅✅CORRECT -A secondary result ensuing from an action or
decision.
Define Cost/Benefit Analysis? - ✅✅✅CORRECT -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 -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 -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 -Resulting in a total
recapitalization
, What is an Event? - ✅✅✅CORRECT -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 -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 -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 -A naturally occurring calamitous event bringing great damage,
loss, or destruction such as tornadoes, hurricanes, earthquakes, and related occurrences.
Probability - ✅✅✅CORRECT -The chance, or in some cases, the mathematical certainty that a given
event will occur; the ratio of the number of outcomes in an exhaustive set of equally likely outcomes
that produce a given event to the total number of possible outcomes.
Qualitative - ✅✅✅CORRECT -Relating to that which is characteristic of something and which makes
it what it is.
Risk - ✅✅✅CORRECT -The possibility of loss resulting from a threat, security incident, or event.
Risk Analysis - ✅✅✅CORRECT -A detailed examination including risk assessment, risk evaluation,
and risk management alternatives, performed to understand the nature of unwanted, negative
consequences to human life, health, property, or the environment; an analytical process to provide
information regarding undesirable events; the process of quantification of the probabilities and expected
consequences for identified risks.
Risk Assessment - ✅✅✅CORRECT -The process of assessing security-related risks from internal and
external threats to an entity, its assets, or personnel.
Security Incident - ✅✅✅CORRECT -A security-related occurrence or action likely to lead to death,
injury, or monetary loss.
