Jupiter Tech Inc

question 43

Multiple Choice

Jupiter Tech Inc.conducted a failure modes and effects analysis of a digital identification system that it had developed.The scores are as follows: Severity = 4
Likelihood of occurrence = 2
Inability of controls to detect it = 3
What is the risk priority number of the digital identification system?

• A) 24
• B) 6
• C) 2.67
• D) 9

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Definitions:

Overtime Payments

Compensation paid to employees for working beyond their standard hours, typically at a higher rate.

Compensable Factors

Elements of a job that are used to determine its value and appropriate compensation, such as skills required, effort, responsibility, and working conditions.

Job Evaluation

A systematic process used to determine the relative worth of jobs within an organization by analyzing their duties, responsibilities, and requirements.

Quantitatively

Pertaining to the measurement or assessment of quantities or amounts, often involving numerical data and statistical methods.