Chapter 7 Key Terms in Risk Management Quiz

The product of the annualized rate of occurrence and single loss expectancy (correct)

The quotient of the annualized rate of occurrence and single loss expectancy

The difference of the annualized rate of occurrence and single loss expectancy

The sum of the annualized rate of occurrence and single loss expectancy

Determining the operational feasibility of each information asset

Assigning financial value to each information asset (correct)

Estimating the potential loss of each information asset

Assigning qualitative value to each information asset

See defense risk treatment strategy (correct)

A strategy of transferring all risks to a third party

A strategy of avoiding any risk treatment

A strategy of eliminating all potential risks

<p>The expected frequency of an attack, expressed on a per-year basis</p> Signup and view all the answers

<p>The financial savings from using the defense risk treatment strategy to implement a control</p> Signup and view all the answers