SSCP · Question #510
What can be described as a measure of the magnitude of loss or impact on the value of an asset?
The correct answer is B. Exposure factor. The exposure factor is a measure of the magnitude of loss or impact on the value of an asset. The probability is the chance or likelihood, in a finite sample, that an event will occur or that a specific loss value may be attained should the event occur. A vulnerability is the…
Question
What can be described as a measure of the magnitude of loss or impact on the value of an asset?
Options
- AProbability
- BExposure factor
- CVulnerability
- DThreat
How the community answered
(22 responses)- B95% (21)
- C5% (1)
Explanation
The exposure factor is a measure of the magnitude of loss or impact on the value of an asset. The probability is the chance or likelihood, in a finite sample, that an event will occur or that a specific loss value may be attained should the event occur. A vulnerability is the absence or weakness of a risk-reducing safeguard. A threat is event, the occurrence of which could have an undesired impact.
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