Which of the following is true concerning the cost/benefit model for risk analysis?
A) As costs of controls increase, costs associated with risks decrease.
B) As costs of controls increase, costs associated with risks increase.
C) As total costs increase, costs associated with risks increase.
D) As total costs decrease, costs of controls decrease.

Question

Quizplus · Accepted Answer

The cost/benefit model for risk analysis operates on the principle that as the costs of implementing controls (such as security measures) increase, the costs associated with risks (such as potential losses from security breaches) decrease. This is because more robust and comprehensive controls are expected to reduce the likelihood and/or impact of risks.

Which of the Following Is True Concerning the Cost/benefit Model