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NEW QUESTION: 1
Instant messaging costs are significantly less than long-distance phone conversations.
A. True
B. False
Answer: A

NEW QUESTION: 2

A. Option F
B. Option E
C. Option A
D. Option C
E. Option D
F. Option B
Answer: C,D,F

NEW QUESTION: 3
Qualitative risk assessment uses which of the following terms for evaluating risk level?
Each correct answer represents a part of the solution. Choose two.
A. Single loss expectancy
B. Impact
C. Annual rate of occurrence
D. Probability
E. Explanation:
Unlike the quantitative risk assessment, qualitative risk assessment does not assign dollar values.
Rather, it determines risk's level based on the probability and impact of a risk. These values are determined by gathering the opinions of experts. Probability- establishing the likelihood of occurrence and reoccurrence of specific risks, independently, and combined. The risk occurs when a threat exploits vulnerability. Scaling is done to define the probability that a risk will occur. The scale can be based on word values such as Low, Medium, or High. Percentage can also be assigned to these words, like 10% to low and 90% to high. Impact- Impact is used to identify the magnitude of identified risks. The risk leads to some type of loss. However, instead of quantifying the loss as a dollar value, an impact assessment could use words such as Low, Medium, or High. Impact is expressed as a relative value. For example, low could be 10, medium could be 50, and high could be 100. Risk level= Probability*Impact
Answer: B,D
Explanation:
and B are incorrect. These are used for calculating Annual loss expectancy (ALE) in quantitative risk assessment. Formula is given as follows: ALE= SLE*ARO