A Risk Assessment Process Begins with a "What-If" Scenario Analysis

question 106

Multiple Choice

A risk assessment process begins with a "what-if" scenario analysis which asks which of the following questions?

• A) What could happen?
• B) Where are we vulnerable?
• C) How much will it cost the company?
• D) A and B
• E) None of the above

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Definitions:

Terminate

To bring something to an end or to conclude an agreement or contract.

Adverse Possession

A legal doctrine that allows a person to claim ownership of land under certain conditions, typically after openly occupying it for a specific period.

Secret

Information kept hidden from knowledge or view; confidential or undisclosed.

Property Rights

Legal rights to own, use, and dispose of assets including both tangible and intangible properties.