According to IIA Guidance, Which of the Following Best Describes

question 361

Multiple Choice

According to IIA guidance, which of the following best describes how risks are measured?

• A) Likelihood and probability.
• B) Impact and relevance.
• C) Velocity and rate of occurrence.
• D) Likelihood and impact.

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Definitions:

Death Rates

A statistical measure representing the number of deaths in a particular population, typically expressed per 1000 or 100,000 individuals per year.

Inherent Risk Factor

A risk element that is naturally part of a task, process, or environment, requiring attention to manage potential negative outcomes.

Advancing Age

The process of becoming older, which can be associated with physical, cognitive, and social changes and challenges.

Ethnic Background

Refers to an individual's culture, ancestry, and familial heritage which influences their cultural identity and practices.