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The Advantages of the _________ Risk Assessment Approach Are That

question 10

Short Answer

The advantages of the _________ risk assessment approach are that it provides the most detailed examination of the security risks of an organization's IT system and produces strong justification for expenditure on the controls proposed.


Definitions:

Obligation

A duty or commitment to pay money or perform some action.

Equivalent

Equal in value, amount, function, meaning, or status; often used in mathematics to describe expressions or amounts that are the same when compared or evaluated.

Compounded Quarterly

Refers specifically to the computation of interest at four intervals in a year, on the initial investment alongside the interest from preceding periods.

Repaid

The act of paying back money previously borrowed from a lender.

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