What Are Sources to Use to Calculate a Single Loss

question 27

Multiple Choice

What are sources to use to calculate a single loss expectancy as part of a risk assessment?

• A) historical experiences of the organization
• B) industry averages
• C) recent incidents only (typically the past 6 months)
• D) both A and B

---

Definitions:

Mud Statues

Sculptures or figures crafted from mud, often associated with certain cultural traditions or artistic practices.

Variable Cost

Outlays that adjust in accordance with the volume of production or output, like materials and labor costs.

Loan

A sum of money that is borrowed and expected to be paid back with interest.

Economies of Scale

Refers to the cost advantage that arises with increased output of a product, leading to a reduction in the per-unit cost.