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Question ID 16957

Quantitative risk analysis is MOST appropriate when assessment data:

Option A

include customer perceptions.

Option B

contain percentage estimates.

Option C

do not contain specific details.

Option D

contain subjective information.

Correct Answer B
Explanation Explanation: Percentage estimates are characteristic of quantitative risk analysis. Customer perceptions, lack of specific details or subjective information lend themselves more to qualitative risk analysis.


Question ID 16958

It is important to classify and determine relative sensitivity of assets to ensure that:

Option A

cost of protection is in proportion to sensitivity.

Option B

highly sensitive assets are protected.

Option C

cost of controls is minimized.

Option D

countermeasures are proportional to risk.

Correct Answer D
Explanation Explanation: Classification of assets needs to be undertaken to determine sensitivity of assets in terms of risk to the business operation so that proportional countermeasures can be effectively implemented. While higher costs are allowable to protect sensitive assets, and it is always reasonable to minimize the costs of controls, it is most important that the controls and countermeasures are commensurate to the risk since this will justify the costs. Choice B is important but it is an incomplete answer because it does not factor in risk. Therefore, choice D is the most important.

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