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CAS-002 · Question #866
CAS-002 Question #866: Real Exam Question with Answer & Explanation
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Question
A risk manager has decided to use like lihood and consequence to determine the risk of an event occurring to a company asset. Which of the following is a limitation of this approach to risk management?
Options
- ASubjective and based on an individual's experience.
- BRequires a high degree of upfront work to gather environment details.
- CDifficult to differentiate between high, medium, and low risks.
- DAllows for cost and benefit analysis.
- ECalculations can be extremely complex to manage.
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