In the NIST 800-39 Framework, Risk Assessment

question 7

Multiple Choice

In the NIST 800-39 framework, risk assessment

• A) Addresses how organizations respond to risks
• B) Identifies and aggregates the risks facing the organization
• C) Describes the environment in which risk-based decisions are made
• D) Evaluates the effectiveness of the organization's risk-management plan

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Definitions:

Straight-Line Method

A method of calculating depreciation of an asset, which assumes the asset will lose an equal amount of value each year over its useful life.

Residual Value

The estimated value that an asset will have at the end of its useful life, also known as salvage value.

Gain Or Loss

The difference between the selling price and the purchase price of an asset, resulting in a financial profit or loss.

Disposal Of Equipment

The process of selling, scrapping, or eliminating machinery or equipment that is no longer needed.