Which of the Following Statements Accurately Relates to the Topic

question 24

Multiple Choice

Which of the following statements accurately relates to the topic of risk?

• A) The discount rate may be raised or lowered to allow for the risk of a project, the extent of the risk premium being based on indisputable theory.
• B) Risk is unpredictable, and thus cannot be allowed for in project planning.
• C) Risk can be quantified using objective probabilities that can be defined mathematically and inferred from historical data.
• D) Risk is the probability of an outturn being less than anticipated.

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Definitions:

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