The significance of a risk is assessed in terms of the _____ and the ______ of the risk.
A) notoriety, visibility
B) frequency, visibility
C) impact, visibility
D) likelihood, impact
E) visibility, impact

Question

Quizplus · Accepted Answer

The significance of a risk is assessed in terms of its likelihood (how probable the risk is to occur) and its impact (the potential consequences or severity of the risk if it does occur).

The Significance of a Risk Is Assessed in Terms of the _____