_____ measures risk likelihood and impact.
A) Risk assessment
B) Risk marker
C) Risk identification
D) Risk control

Question

Quizplus · Accepted Answer

Risk assessment is the process of evaluating the likelihood and impact of identified risks. It involves assessing the likelihood or probability of a risk occurring and the potential impact or consequences if it does occur. This information can then be used to prioritize risks and determine appropriate risk management strategies. Risk identification is the process of identifying potential risks, not assessing them. Risk markers and risk control are not relevant to the measurement of risk likelihood and impact.

_____ Measures Risk Likelihood and Impact