The worst problem with classic risk analysis is that ________.
A) protections often protect multiple resources
B) resources often are protected by multiple resources
C) we cannot estimate the annualized rate of occurrence
D) costs and benefits are not the same each year

Question

Quizplus · Accepted Answer

Classic risk analysis typically involves using historical data to estimate the probability of an event occurring and the potential impact if it does occur. However, it is often difficult to accurately estimate the annualized rate of occurrence, which can lead to incorrect assessments of risk. This is a significant flaw in the methodology and can result in misguided risk management decisions.

The Worst Problem with Classic Risk Analysis Is That ________