Against Which of the Following Possibilities Should a High Probability

Against which of the following possibilities should a high probability that a particular loss-causing event will occur be weighed during the risk evaluation process?

A) that the event will definitely occur and the loss is unavoidable
B) whether the likely occurrence may be offset by a low level of associated loss
C) whether a low probability will be offset by a high level of associated loss
D) that the event will likely never occur and should be ignored