Multiple choice technology testing

What are the two major components taken into consideration with risk analysis?

  1. The probability the negative event will occur

  2. The potential loss or impact associated with the event

  3. Both a and b

  4. Neither a nor b
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Risk analysis considers two major components: the probability that a negative event will occur (likelihood), and the potential loss or impact associated with that event (consequence). Both factors are essential - a highly likely event with minimal impact may be less critical than a rare event with severe consequences.

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