ASIS General Security Risk Assessment
UPDATED ACTUAL Exam Questions and
CORRECT Answers
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 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 ANSWER Relating to that which is characteristic of something and
which makes it what it is.
Risk - CORRECT ANSWER The possibility of loss resulting from a threat, security incident,
or event.
Risk Analysis - CORRECT ANSWER 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
UPDATED ACTUAL Exam Questions and
CORRECT Answers
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 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 ANSWER Relating to that which is characteristic of something and
which makes it what it is.
Risk - CORRECT ANSWER The possibility of loss resulting from a threat, security incident,
or event.
Risk Analysis - CORRECT ANSWER 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
