____ Is the Money Saved by Avoiding,via the Implementation of a Control,the

question 5

Multiple Choice

____ is the money saved by avoiding,via the implementation of a control,the financial ramifications of an incident.

• A) Cost - Benefit Analysis
• B) Cost avoidance
• C) Economic feasibility
• D) Financial acceptance

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Definitions:

Manager

An individual responsible for directing, controlling, and administering an organization or group, overseeing tasks, and making decisions.

Confirmation Error

The tendency to seek confirmation for what is already thought to be true and not search for disconfirming information.

Selective Perception

The tendency to define problems from one’s own point of view.

Preexisting Opinion

A belief or judgment formed before obtaining full or certain knowledge, often influencing how new information is interpreted.