Which of the Following Statements Is True About Residual Risks

question 283

Multiple Choice

Which of the following statements is true about residual risks?

• A) It is a weakness or lack of safeguard that can be exploited by a threat.
• B) It can be considered as an indicator of threats coupled with vulnerability.
• C) It is the probabilistic risk after implementing all security measures.
• D) It is the probabilistic risk before implementing all security measures.

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Definitions:

Assets

Items of value owned by individuals, companies, or governments, including tangible items like real estate and equipment, and intangible items like patents and trademarks.

Explicit Cost

Direct, out-of-pocket payments for goods or services that a company incurs in the course of doing business.

Economic Profit

The difference between the total revenue received by a firm and the total cost of all resources used, including opportunity costs.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision. It represents the benefits an individual, investor or business misses out on when choosing one alternative over another.